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 by way of Reuters.
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.
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It is not known at present what effect this merger could have on which channels are available on each service, particularly with respect to NASCAR coverage. More on this as it occurs…
