Comments (5)

Feb 19, 2007

Sirius was MS and XM was JPM. Did you read the press release?

Feb 19, 2007

I had only caught the AP and Reuters story due to a long day of class and they did not have the info. WSJ online did though, thanks.

Feb 19, 2007

on a deal like this, where there's a lot of regulatory uncertainty, do banks still get their advisory fee if the deal gets nixed by the government?

Feb 19, 2007
jonathanknee:

on a deal like this, where there's a lot of regulatory uncertainty, do banks still get their advisory fee if the deal gets nixed by the government?

Sometimes. Bankers are starting to write that into engagement letters (no contingency of fee) more regularly....

Feb 19, 2007
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