Date: July 29, 2008
Acquired for: $3.3 Billion
Back in 1997, the FCC granted licenses for both satellite radio properties under the stipulation that neither attempted to acquire each other. Obviously that didn’t stick. The FCC made the merger official after concluding its one-year investigation. Since then, Sirius has broken free from its financial deficits and has seen growth in revenue over the past four years.