Over nine months after the two satellite radio companies announced their intentions to merge
, XM and Sirius may finally find out the fate of their plans today, if the Justice Department issues a ruling as is being rumored. Orbitcast reports that the general consensus among industry watchers is that the DOJ will hand down a decision before the closing bell on Wall Street -- a prediction further buoyed by Bear Stearns analyst Robert Peck, whose contacts in DC claim that a ruling is "imminent." As you're probably well aware, this proposed marriage is no ordinary merger, with strong opposition coming from terrestrial broadcasters
who cite anti-trust concerns, but who are really just fearful of the market power such an entity would yield. Stay tuned for further updates as this story develops...