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Sirius shareholders OK going private

telecom | 08/30/2016 8:29 pm EDT

Sirius XM Canada Holdings Inc. shareholders approved a move to take the company private Tuesday, the company said in a press release. “With these shareholder approvals in place, we will continue to work to secure the necessary regulatory approvals to close the transaction in a timely manner," president and CEO Mark Redmond said in the release. The deal still has to be approved by the Ontario Superior Court of Justice and the CRTC, the release noted....