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Sirius XM Canada Holdings Inc T.XSR

"Sirius XM Canada Holdings Inc is a radio broadcasting company with approximately 2.7 million total subscribers. The company broadcasts music, sports, talk, entertainment and other content on a subscription fee basis in Canada. It includes over 12 Canadian channels designed and developed from studios in Toronto, Montreal, and Vancouver. It derives revenues from the sale of subscriptions, activation fees, advertising, and equipment sales."


TSX:XSR - Post by User

Comment by cruiser1on Sep 18, 2016 3:32pm
389 Views
Post# 25249960

RE:What Happens Next ?

RE:What Happens Next ?Everyone has been very quiet since the tainted vote occurred, so maybe that's a good thing. Being part of the Siri is not such a bad thing, only we are being bought out at a discount and not a premium, simply because the CBC wanted out and they decided we should go as well. The minority's shareholders said thank you but no thank you, so let's see how this plays out, 
 if the deal is allowed to go through as manipulated, it will tell everyone that in Canada minority shareholders have no rights nor any chance . The optics in this deal are not very good, forgetting the CbC were 50% of the minority vote, so let's see what the regulators say. 
  There are a lot of Canadian companies controlled by us firms, so if this goes through, the TSX becomes a carnival, good luck to all Canadians. 

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