2012-08-31

Karmazin sells more stock options.

Briefing by Inside Radio

The satcaster says Karmazin has adopted a new trading plan to sell up to 30 million options he holds starting in mid-September. 

Sirius XM says it’s part of Karmazin’s ongoing “personal financial planning strategy of asset diversification and liquidity.” 

But with his contract up in a few months and a looming Liberty Media takeover, those stock sales are being seen in a very different light.

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