New York Tabloid Reports XM & Sirius Merger

By | February 19, 2007 at 5:52 PM

The two main satellite radio providers, XM Satellite Radio Holdings Inc. and Sirius are expected to announce a long-awaited merger on Monday, according to the New York Post.

The newspaper said the two companies were negotiating over the weekend to merge the companies, a deal that is expected to be structured as a “merger of equals.”

Representatives of the two companies could not immediately be reached for comment.