Sirius and XM have had a rough time over the last year trying to convince the Department of Justice to approve their merge. Over a year later and they've finally gotten approval. The rumor that they were working on a deal first became public back in February of 2007 and it's taken this long for them to get the thumbs-up from the DOJ to move ahead.

Just a month ago when XM and Sirius were ready to ink a deal, they knew there would be problems with the FCC approving what could potentially become a monopoly.  They’re still fighting that battle, but so far what has come out of it is a promise of lower prices.

According to The New York Post, Sirius and XM, both Satellite Radio providers have been working all weekend to work out a merger agreement that could possibly be confirmed today. The Post says that talks are still in process, and that at any point the deal could fall through. If you’re a subscriber of one of these services, this could be a pretty sweet deal.