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This excerpt taken from the SIRI DEF 14A filed Apr 30, 2009. Tax
Consequences of the Reverse Stock Split Generally
Except as provided below with respect to cash received in
lieu of fractional shares, a U.S. holder will not recognize
any gain or loss as a result of the reverse stock split.
This excerpt taken from the SIRI DEF 14A filed Nov 4, 2008. Tax
Consequences of the Reverse Stock Split Generally
Except as provided below with respect to cash received in
lieu of fractional shares, a U.S. holder will not recognize
any gain or loss as a result of the reverse stock split.
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