Washington - XM Satellite Radio, a provider of satellite radio service to more than 7.6 million subscribers, is negotiating a deal to sell its XM-4 satellite for as much as $300 million, and then lease it back, Barron's Online reported. Citing information from UBS analyst Lucas Binder, Barron's said the deal would provide extra liquidity for XM, removing the need for it to access its revolving credit line. The company is scheduled to report its fourth quarter and full year earnings next week.

Related Links: 

http://tinyurl.com/394cvd (Barron's Online)

http://www.xmradio.com