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The merger between Sirius Canada and XM Canada is now scheduled to officially close on June 21st.
Pentax Corp. has called off the previously announced share-swap merger with Tokyo-based Hoya Corp. The firms announced the merger plans back in December 2006, citing that the US$770 million deal would see the formation of a new, combined firm called Hoya Pentax HD Corp.
Before you get excited (or upset), go ahead for the Sirius/XM satellite radio merger in the U.S. hasn't been confirmed just yet. However, according to SkyREPORT, the Antitrust Division of the Justice Department, which was holding an inquiry on whether the merger would violate certain anti-trust practices, has ruled that a merger can happen.
I've been asked a few times over the past few weeks what's going on with the satellite radio merger in the U.S. between Sirius and XM.
Reuters is reporting that it has received confirmation from numerous sources that Hitachi Ltd. and Mitsubishi Heavy Industries Ltd. have begun discussions to merge. Officials from both companies have denied that any talks have taken place.