Why assume something has "gone so terribly wrong"? Maybe this is exactly what the process is designed to do. Some factions within the FCC simply be trying to wait out Sirius and XM in the hopes that they'll grow tired and quit the deal altogether.
Heck, just today the Federal Trade Commission "won" a challenge to a hospital merger when the parties threw in the towel -- after FTC staff took more than *two* years to review the deal.
Don Stovall
· 1 year ago
Right ON! Wars have been won and lost in less time.
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Heck, just today the Federal Trade Commission "won" a challenge to a hospital merger when the parties threw in the towel -- after FTC staff took more than *two* years to review the deal.