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WASHINGTON (Reuters) - Happy Meal futures jumped a record 215% today on forecasts that their value would exceed that of shares of satellite radio company Sirius (NASDAQ: SIRI). Shares of Sirius fell $0.09 to close at $5.80, while the price of a September happy meal jumped $7.50 to $11.00.
When asked about the development, Sirius CEO Mel Kazmarin responded, "It doesn't surprise me. Happy Meals have been undervalued for years. The toy surprise alone is worth $7.50."
Upon hearing the news, McDonalds Corporation (NYSE: MCD), manufacturers of Happy Meals, announced plans to buy out Sirius funded solely on sales of toy suprises and Beany Babies.

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