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Don Imus fired...
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General information
Forum:
News
Category:
Showbiz
Miscellaneous
Thread ID:
01215293
Message ID:
01215811
Views:
14
SIRI currently has a float of 1.43 Billion shares.
As of 1/1/2006 Stern had 31,250,000 shares.
http://advisor.investopedia.com/news/06/Is_Stern_Serious_about_Sirius.aspx
He was just given an additional 22 million.
http://www.msnbc.msn.com/id/16539806/

That means if he hasn't sold any he would have ~51 million shares or apx 3.5% of the float. I'd expect that a good portion of those shares have found their way into the market.

>Well he got $500million bucks...I thought a big part of it was in stock.
>http://www.time.com/time/business/article/0,8599,1141769,00.html
>
>And he got yet another $83million bucks at the beginning of this year as a stock bonus.
>http://radio.about.com/od/howardstern/a/aa011007a.htm
>
>Anyway even if he doesn't own 1/2 of it - with almost $600million bucks coming his way he is indeed "the" key player in satallite radio and considering his track-record with Mr. Imus I'd *guess* that Imus isn't going to be heard on it.
>
>>Not that I know of.
>>
>>>Right - but doesnt he own like 1/2 of the one he's on?
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
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