Home >>
Stock Forums >>
SIRI and MergerSIRI and Merger
bonenbe1 said: "I've owned SIRI/sirius for a while now and have been following it through this lengthy merger. I was wondering if anyone could provide some insight as to how the stock would behave if the merger didn't go through?
I know that many feel siri is the better run company of the two, but I'm not familiar with trends following mergers (or the denial of a merger).
Thanks."
Rbreb13 said: "If the merger fails for any reason. The stock initially would most likely drop like a hot rock.
Either way SIRI has serious debt problems and they burn through cash like no other company I've seen."