Company Website: http://www.powerstaylor.com
DALLAS -- (Business Wire)

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Sirius XM Holdings Inc. (“Sirius XM”) (NasdaqGS: SIRI) related to the proposed sale to Liberty Media Corporation for shareholders. Under the terms of the transaction valued at approximately $10.6 billion, Sirius XM shareholders would only receive 0.0760 of a share of Liberty Media Series C common stock, representing consideration of approximately $3.68 per share. The proposed acquisition price is well below at least one analyst’s estimated value of $5.80 per share.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor LLP, toll free (877) 728-9607, via e-mail at shareholder@powerstaylor.com. There is no cost or fee to you.

The Sirius XM investigation centers on whether Sirius XM’s Board of Directors is acting in the shareholders’ best interests, whether the board is properly considering the proposed price for the shareholders, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with Yahoo! Finance estimates that the true inherent value of Sirius stock could be as high as $5.80 per share.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

Contacts:

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor LLP
Zach Groover, 877-728-9607
shareholder@powerstaylor.com

Source: Powers Taylor LLP