Liberty Media

Sirius ought to have a Richer Offer From Liberty Media

Sirius ought to have a Richer Offer From Liberty MediaOn Monday, Sirius XM shares soared 7 percent to $3.83 as investors seemed to conclude that a buyout offer from Liberty Media is too low and headed higher.

Liberty Media in quest of Sirius XM takeover deal

Liberty Media in quest of Sirius XM takeover dealLiberty Media is trying to get through all of Sirius XM in a deal that would value the satellite radio service at nearly $23 billion.

On Friday the complex proposal announced would allow Liberty Media Corp. to grab full ownership of Sirius XM Holdings Inc. after it acquired a controlling interest in the company last year.

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