Report: Sirius XM preparing to file for bankruptcy

Ross Miller
R. Miller|02.11.09

Sponsored Links

Ross Miller
R. Miller
February 11th, 2009
In this article: charles ergen, CharlesErgen, dish network, DishNetwork, echostar, ergen, portable audio, portableaudio, sirius, sirius radio, sirius satellite radio, sirius xm, SiriusRadio, SiriusSatelliteRadio, SiriusXm, xm
Report: Sirius XM preparing to file for bankruptcy
Sirius XM is preparing to file for bankruptcy and could do so within days, the New York Times reports. According to the article, the move might be a calculated act to pressure Dish Network and EchoStar owner Charles Ergen into making an offer for acquisition. The Wall Street Journal says he offered to purchase the merged satellite radio group late last year and was then brushed off. Despite previous rejections, he's recently reaffirmed his desire try again. If it wasn't before, the honeymoon is now officially over.

Read - New York Times
Read - Wall Street Journal
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Popular on Engadget