Clearing House Advisory Notices
To | Clearing Member Firms
From | CME Clearing
Subject | CORPORATE EVENTS: XM Satellite Radio Holdings Inc. (“XMSR”)
Notice Date | 2008-07-29
Notice Number | 08-166
Effective Date | 2008-07-30
On November 13, 2007, Shareholders of XM Satellite Radio Holdings Inc. (“XMSR”) voted concerning a proposed merger with Sirius Satellite Radio Inc. (“SIRI”). The merger was approved and subsequently consummated before the opening of business on July 29, 2008. As a result, each existing (“XMSR”) Common Share will be converted into the right to receive 4.60 SIRI Common Shares. This action will be coordinated with the Options Clearing Corporation. For the full text of this advisory...