This Warren Buffett stock just announced a merger

Core Viewpoint - Liberty Media Corporation announced a merger with Sirius XM Holdings, with trading under the new name "New Sirius" starting September 10 [1] Group 1: Merger Details - The merger is set to combine the efforts and infrastructure of Liberty Media and Sirius XM, aiming to increase subscription and viewership base [5] - Each outstanding share of Liberty Sirius XM common stock will be exchanged for shares in the new company, with a redemption price yet to be determined [4] Group 2: Stock Performance - Sirius XM (SIRI) shares closed at $2.30 on August 23, reflecting a 1.91$5.49 on January 2 [2] - The significant drop in SIRI shares could have influenced Warren Buffett's decision to increase his stock holdings in recent quarters [2] Group 3: Warren Buffett's Holdings - Warren Buffett significantly increased his position in Sirius XM, adding 96,196,301 shares, resulting in a 262.24% increase in his portfolio size for SIRI [3] - Buffett also raised his holdings in Liberty Media (LSXMA and LSXMK) by purchasing 2,426,595 and 4,516,609 shares, reflecting increases of 7.41% and 6.90% respectively [3][4]