Sirius XM Wins Dismissal of Shareholder Suit with Assists from Simpson and Jones Day

, The Litigation Daily

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Thanks to its lawyers at Simpson Thacher & Bartlett and Jones Day, Sirius XM looks to have finally closed the book on the 2007 merger between its predecessor companies, Sirius Satellite Radio and XM Satellite Radio. On Wednesday, U.S. District Judge Jed Rakoff dismissed the second of two shareholder derivative suits that accused Sirius and XM of lying to federal antitrust regulators in order to gain approval of the deal.

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