Cramer on BloggingStocks: Despite FCC Nod, Merger between Sirius and XM is far from complete - Jim Cramer

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1 pt	Cramer on BloggingStocks: Despite FCC Nod, Merger between Sirius and XM is far from complete
	Jun 16, 2008 09:00 AM UTC

Jim Cramer

Return	Risk
-19.03%	LOW

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Symbol	Sentiment	Start	Return	Closed
YHOO		06/16/08	-7.71%	06/24/08
GOOG		06/16/08	-0.27%	06/18/08
SIRI		06/16/08	-84.36%	--
CCU		06/16/08	-29.38%	--
XMSR		06/16/08	n/a	--
CBS		06/16/08	-60.17%	--

Via BloggingStocks:

Filed under: Deals, Google (GOOG), Yahoo! (YHOO), XM Satellite Radio (XMSR), Sirius Satellite Radio (SIRI), Market matters, CBS Corp 'B' (CBS), Clear Channel Commun (CCU), Stocks to Buy, Cramer on BloggingStocks

Too many parties have too much to lose to let this one go through without a fight, TheStreet.com's Jim Cramer says.

No, it is not over. If there is one thing we have learned about Sirius (NASDAQ: SIRI) (Cramer's Take)-XM (NASDAQ: XMSR) (Cramer's Take), it is that at every step of the way, people have to try to block it or at least hold it up to the point that someone goes out of business. This is a deal, now much longer in passing than Exxon and Mobil, that still has congressional meddling even right now, still has rearguard activists who might fight the merger on the commission itself even though the FCC's staff has said yes.

Lots of people are confus...

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