The marriage of satellite radio giants XM and Sirius is being touted as a friendly merger of equals in the US, but the situation looks much different in Canada, where the two companies disagree over whose operation is worth more, writes Globe and Mail media reporter Grant Robertson. XM Canada and Sirius Canada Inc have invested hundreds of millions of dollars pursuing independent strategies, including more than 70 exclusive deals, which could lead to disputes over how ownership of the combined Canadian company should be divided up.
Read the Globe and Mail report
(R Netherlands Media Network Weblog)