Sirius XM Radio (NASDAQ:SIRI) and Liberty Media Corp (LINTA) have come to an arrangement that takes care of Sirius' debt issues for 2009.
Sirius (NASDAQ:SIRI) just got saved by Libery Media (NASDAQ:LINTA) and shares are up 69% today, which means a gain of 7 Cents, go Penny Stock.
The Dow Jones reported that Liberty Media (LINTA) was near a deal to buy a major stake in Sirius XM Radio Inc (NASDAQ:SIRI) that would save Sirius from Bankruptcy.
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