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XM Escrows Money For MLB
submitted by thanh123
XM Satellite radio filed an 8K with the SEC today relating to Major League Baseball and other financing matters. In the filing XM stated that they have escrowed $120 million for MLB, as well as a disclosure that they intend to begin to use the GM credit facility in June of this year. THE XM 8K As previously disclosed, our multi-year agreement with Major League Baseball (MLB) requires us to main

 
Topic:Money




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