Notification of Late Filing

Sirius to Shareholders: Put Down the Mylanta

John Paczkowski in News on March 6, 2009 at 11:47 am PT

Investors holding shares in foundering satellite radio outfit Sirius XM just received a bit of welcome news. The company has closed its investment deal with Liberty Media, resolving the “uncertainty” surrounding its debt maturing in 2009. Good thing too, because that uncertainty was pretty worrisome.