FCC rejects Liberty Media bid for Sirius XM control

(Reuters) - A federal regulator dismissed John Malone's Liberty Media Corp's application to take control of Sirius XM Radio Inc with its current stake of 40 percent.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/llaWUllFRMM/us-libertymedia-siriusxm-fcc-idUSBRE84409420120505

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