UPDATE: Ralph Nader Issues Letter to Sirius XM Holders

January 14, 2014 F. William McNabb III, CEO Vanguard Group, Inc. P.O. Box 1110 Valley Forge, PA 19482-1110 Dear Mr. McNabb, As a shareholder in Sirius XM, the offer by John Malone to buy out the 47 percent interest that his companies do not own came in well below the value of this