Deals of the Day: XM-Sirius Approval May Hang on One Vote

By Stephen Grocer and Heidi Moore Deals of the Day includes all the major news of the morning related to mergers and acquisitions and financing. For breaking deal news, turn to the WSJ’s Deals & Deal Makers page, or click here to automatically sign up for Deals Alert emails. Mergers & Acquisitions Tokio Marine: The Japanese firm will buy U.S. property-casualty insurer Philadelphia Consolidated Holdings for $4.7 billion. [Reuters] J.P. Morgan: Hunting for bank deals. [Reuters] Roche-Genentech: Keeping Genentech’s scientists on board and preserving the firm’s culture means Roche is going to have pull out its checkbook, points out The Deal’s Alex Lash. [TheDeal.com] Boeing: The aerospace company is acquiring closely held Insitu, one of the leading makers of sophisticated remote-controlled aircraft. [WSJ] Still waiting: The... [read full story]