Net News search results for: sirius xm canada inc

• September 6, 2016

  SiriusXM Canada Privatization Plan Gets Court Approval

  

  SIRIUSXM CANADA's plan to go private has been approved by the ONTARIO Superior Court of Justice (Commercial List), clearing another hurdle towards completing the deal.  The court issued a final order approving the arrangement, under which … more »

• August 30, 2016

  Shareholders Approve SiriusXM Canada Plan To Go Private

  

  SIRIUSXM CANADA's plan to take the company private has been approved by a special majority vote of shareholders, including a majority of disinterested shareholders.  89.14% of the 121,792,144 votes cast by Company Voting Shareholders, and 65.91% … more »

• August 11, 2016

  SiriusXM Canada Says Slaight, CBC Agree To Take Cash Only In Privatization Deal

  

  SIRIUS XM CANADA HOLDINGS, INC. continues to push its plan to go private with an announcement that two major shareholders say they'll vote to approve the transaction and will take only cash consideration as the company proceeds with the … more »

• July 13, 2016

  SiriusXM Canada Q3 '16 Revenues Up 3.5%

  

  SIRIUSXM CANADA reported Q3 2016 revenue of $86,015, an increase of 3.5% over the same time period last year. The improvement reflects growth in the Company's Self-Pay subscriber base, partly offset by a decrease in Self-Pay ARPU. Adjusted EBITDA for … more »

• May 18, 2016

  SiriusXM Selling $750 Million Of Notes In Private Deal

  

  SIRIUSXM RADIO INC. is selling $750 million of Senior Notes due 2026 in a private placement to institutional buyers.  The proceeds will be used by SIRIUSXM to repay all borrowings outstanding under its revolving credit facility and for general … more »

• May 13, 2016

  SiriusXM Canada Plans To Go Private

  

  SIRIUSXM CANADA has announced the details of its plan to take the company private after its board unanimously approved the proposed transaction. Under the deal, shareholders of the present SIRIUSXM CANADA will be bought out with C$4.50 in cash, shares of … more »

• April 26, 2016

  SiriusXM U.S. Demands $33.9 Million In 'Activation Fees' From Canadian Affiliate

  

  SIRIUSXM CANADA HOLDINGS INC. says that SIRIUSXM's U.S. entity has issued a demand for payment of an additional US$33.9 million as "activation fees" under its license agreement, representing fees the U.S. company contends that the Canadian … more »

• April 25, 2016

  Bell Media Radio Names Evan Solomon As National Affairs Specialist

  

  BELL MEDIA News-Talk CFRA-A/OTTAWA afternoon "OTTAWA NOW" host/Executive Producer and former CBC RADIO 1 "THE HOUSE" and CBC NEWS NETWORK television's "POWER AND POLITICS" host EVAN SOLOMON has been named National … more »

• April 8, 2016

  SiriusXM Canada Revenue, Income Rise In Fiscal Second Quarter 2016

  

  SIRIUSXM CANADA HOLDINGS INC. fiscal second quarter 2016 revenue rose 5.4% to C$84.4 million, with net income up from a loss of C$25.1 million to a gain of C$28.2 million.  Total subscribers grew 4% to 2,653,000, with self-pay subscribers rising … more »

• February 15, 2016

  SiriusXM Canada Says It's Been Approached With Buyout Bid

  

  SIRIUSXM CANADA HOLDINGS, INC. responded to a report in THE GLOBE AND MAIL FRIDAY that it is considering going private by issuing a statement saying that it "has been approached on a preliminary basis regarding a potential corporate transaction. The … more »