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India Merger News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Zee Entertainment Enterprises Ltd Stock Slumps 10% after Sony Scraps $10 Billion India Merger | India Business News

India Business News: Zee Entertainment Enterprises Ltd's stock tumbled 10% after the cancellation of a planned $10 billion merger with Sony Group Corp in India. Analysts predict a sharp contraction in Zee's valuations. Sony was expected to benefit from Zee's content library and local television channels.

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