Mel Karmazin gets his merger!

By SDH After a year of pleading and convincing, Sirius CEO Mel Karmazin gets the green light to merge his company with rival XM creating a new monster satellite radio broadcaster that will go un-challenged for some time to come. Karmazin has argued from the start that a merger between the only two satellite radio providers would benefit subscribers. However it was a hard sell. Now comes the whole re-branding and merging of operations and a shit load of layoffs. The party just started.