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  1. #11
    RVD420 is offline SatelliteGuys Senior
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    Quote Originally Posted by fredp View Post
    So what happens now? BAU? Does Charlie go off and lick his wounds or pulls a VOOM stunt...
    Charlie goes off to the bank with Millions of dollars of Liberty's money.

    Charlie paid about $.20 on the dollar for the debt. He gets paid the full face value of the Debt. Charlie get a big fat payday today.




    Like I had said before it is a WIN WIN for Charlie.

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  3. #12
    dmendenjr's Avatar
    dmendenjr is offline SatelliteGuys Junkie
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    That would make me laugh. Charlie gets the profits from Malone once the check clears, puts the money in the bank. Then Charlie uses said money to buy out Sirius XM outright come the end of the year, thanks to Malone.

  4. #13
    uncrules's Avatar
    uncrules is offline SatelliteGuys Junkie
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    Quote Originally Posted by ChiefIlliniwek View Post
    Once again, Charlie has been marginalized by Fox and DirectTV.
    How does Fox figure into this? They have no stake in D* anymore.

    Anyway, I kind of doubt D* is going to make a major investment in Sirius XM now just to let Charlie take it over later. D* now has a major ownership stake in Sirius XM and they could buy just a little more of the stock and take it over completely if they falter further.

  5. #14
    Carl B's Avatar
    Carl B is offline Supporting Founder Supporting Founder

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    Sirius XM is a company that is sick and needs to go bankrupt to have any hope of long term survival. Maybe it was just ahead of its time, but I never thought it was a viable business and events over the past two years are baring that out.

  6. #15
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    mruk69 is offline SatelliteGuys Regular
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    The real successors in this deal is the I.R.S.? After, paying capital gains it won't amount to as much.
    If you are a Scouser, please leave this forum now, as it is too intelligent for you.

    Why does the river Mersey run through Liverpool?
    Because if it walked, it would get mugged.

  7. #16
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    Scott Greczkowski is online now Welcome HOME to Satellite Proud SatelliteGuys Staff Member

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    Quote Originally Posted by dmendenjr View Post
    That would make me laugh. Charlie gets the profits from Malone once the check clears, puts the money in the bank. Then Charlie uses said money to buy out Sirius XM outright come the end of the year, thanks to Malone.
    Sirius got their debt due at the end of the year pushed off for 2 years.

    Looks like smooth sailing now.
    Scott

    Welcome HOME to SatelliteGuys!

  8. #17
    navychop's Avatar
    navychop is online now Pub Member / Supporter Pub Member / Supporter

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    Quote Originally Posted by mruk69 View Post
    The real successors in this deal is the I.R.S.? After, paying capital gains it won't amount to as much.
    More than you or I will likely see in our lifetimes.


    Anyway, I guess it's safe to renew now.
    Reunite Pangaea!

  9. #18
    K9SAT's Avatar
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    So does this mean we get our free streaming back?????
    Any posts on this forum are my personal thoughts and do not represent the views or reflections of my current employer!

  10. #19
    BabaLouie is offline SatelliteGuys Regular
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    Quote Originally Posted by goaliebob99 View Post
    So does this mean we get our free streaming back?????

  11. #20
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    A MOST appropriate response!
    Reunite Pangaea!

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