UPDATE 2-Sirius XM takes $4.8 bln charge due to share plunge
                   
reuters.com
11-Nov-2008 55 related
        

Shares mostly flat in after-hours trading (Adds write-down, outlook details, byline; updates stock price) By Franklin Paul NEW YORK, Nov 10 (Reuters) - Sirius XM Radio Inc (SIRI.O: ) posted a $4.8 billion write-down of goodwill related to its acquisition of satellite radio rival XM, and said the auto industry's "dramatic" woes have hurt subscriber growth. The company blamed the write-down, which added to its operational losses in the... [read full story]                    

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