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Thursday, August 30, 2012

Liberty Inches Closer to 50% of Sirius XM

John Malone's Liberty Media increased its stake in satellite-radio operator Sirius XM Radio Inc. to 48.8% from 48.1%, according to a filing Tuesday with the Securities and Exchange Commission. It paid around $2.53 each for about 40 million shares in the roughly $100 million purchase.



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