SiriusXM Canada closes go-private deal with PE-backed vehicle

Sirius XM Canada Holdings Inc (TSX: XSR) has completed its take-private acquisition by a vehicle owned by its parent, Sirius XM Radio Inc, as well as Slaight Communications Inc and Canadian private equity firm Obelysk Media. The deal, announced last year, values the company at about $472 million, Reuters previously reported. SiriusXM Canada's shareholders voted in favour of the acquisition last August. Toronto-based Sirius XM Canada is an audio entertainment company that broadcasts more than 130 satellite radio channels. It reports having more than 2.8 million subscribers.

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