XM, Sirius Satellite Radio to merge (?)

XM Satellite Building, 1500 Eckington Place NE, Washington, DC. Photo from BeyondDC.

(If the FCC allows it, which they probably will.) Does this mean that the DC based XM Satellite Corporation is disbanded, putting people out of work, and a building in NoMa becomes empty? (MCI too was once based in DC, although it became very much a Northern Virginia-based company.) According to this Hoover's Report, XM employs 710 people, although all are not likely to be based in Washington, DC.

See the AP story "Satellite radio rivals seek OK to merge."

An XM-Sirius combination would have over 13 million subscribers. Justin Sullivan, Getty Images.