The Sharks Circle Sirius XM
The following video is part of our "Motley Fool Conversations" series, in which technology and media editor/analyst Andrew Tonner and technology editor/analyst Brenton Flynn discuss topics around the investing world.
The past several years have been a wild ride for Sirius XM shareholders, to say the least. The company barely limped away from its bailout in 2009 by Liberty Media, and the company we find today looks barely recognizable compared with its former self. Sirius XM has done an admirable job paying down debt and generating profits. Now its onetime savior is coming back for more. Recently, Liberty Media and media legend John Malone disclosed that they have increased their stake in the satellite-radio operator up to nearly majority control. Is a potential buyout of Sirius in the works, and what should investors think about its prospects? Watch the video to find out.
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At the time this article was published Andrew Tonner and Brenton Flynn have no positions in the stocks mentioned above. The Motley Fool owns shares of Apple.Motley Fool newsletter servicesrecommend Apple. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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