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Sirius Radio Merger Essay Preview: Sirius Radio Merger Report this essay WASHINGTON and NEW YORK, Feb. 19 /PRNewswire-FirstCall/ — XM Satellite Radio (Nasdaq: XMSR – News) and SIRIUS Satellite Radio (Nasdaq: SIRI – News) today announced that they have entered into a definitive agreement, under which the companies will be combined in a tax-free, all-stock.