SIRI/XMSR Merger (cont'd)

I got some feedback from Nolan who reiterated that the SIRI/XMSR merger poses a lot of anti-competitive threats, etc. I just want to say that I agree with a lot of this. My only point being that I think that Karmazin must have thought this through before going through with the merger, and I wouldn't bet against Karmazin. The stock trades as if there is little to no chance of the merger going through, and I think that there is too much of a discount, given Karmazin's history. Just a gut feel, but we will see what happens.