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From the February 19th New York Post:
Sirius and XM Satellite Radio shareholders are betting the companies' merger will be approved imminently; then again, that has been the case since November.(via Orbitcast)
The spread between Sirius and XM shares is at its tightest since the merger was announced precisely one year ago today, meaning investors are buying into last week's market chatter that the Department of Justice is set to approve the deal.
According to one source familiar with the situation, junior Justice officials were given one last chance to make their case against approval - known as "last rights" - to Antitrust Division Chief Thomas Barnett before he signs off on the deal.
source: NY Post
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