Merger For XM, Sirius?

Will XM and Sirius, the two American satellite radio services, merge? Their stock prices have been languishing and losses have mounted. “Some observers have speculated that time is of the essence if the two are thinking of merging — both companies declined comment for this report — because a Republican president and Congress would be more open to such a scenario than Democrats would be if they take power in upcoming elections.”

Source: Yahoo! (Reuters) - 08/16/06