[Reuters] Judge tosses lawsuit opposed to Sirius takeover by Liberty Media

Posted by: UGN Security

[Reuters] Judge tosses lawsuit opposed to Sirius takeover by Liberty Media - 09/27/13 10:03 PM

(Reuters) - The board of Sirius XM Radio Inc did not breach its duty to shareholders by allowing a takeover by Liberty Media Corp without demanding it pay a premium for the stock, a Delaware judge ruled on Friday.