Liberty Media continued its march toward majority control of Sirius...
Liberty Media continued its march toward majority control of Sirius XM, buying up 40.4 million shares to increase its stake in satellite radio operator to 48.8 percent from 48.1 percent, according to SEC filings. Liberty bought the stock in three…
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separate transactions starting Friday with 5.5 million shares at $2.521 and ending Tuesday with 5.8 million at $2.53, according to SEC documents. It also bought 29 million shares Monday at $2.536. Based on the volume of shares involved, analysts speculated that the stock came from Sirius institutional investors.