Sirius XM Receives Non-Binding Liberty Media Offer

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NEW YORK — A special committee of independent directors comprised of SiriusXM Holdings Inc. board members have confirmed the receipt of a non-binding proposal that would see the company’s shares merged with a group of  “tracking stocks” that hold Liberty Media‘s stake in the subscription-based audio operation that’s home to Howard Stern, live sports play-by-play and a variety of music-focused channels.


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