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Will a Sirius XM bankruptcy be good for shareholders?

You read that right.

Check out this incredible forensic analysis of Sirius XM from SiriusBuzz which may suggest the seemingly impossible: 

That Sirius may have acquired all of XM’s subscribers with the merger and none of its debt.
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MRM President Mark Ramsey has worked with innumerable television and radio broadcasters over his career, including all the biggest names, from Clear Channel, CBS, Bonneville, Sirius XM...

Mark Ramsey