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Zee Considers Legal Recourse As Sony Ends $10 Billion Merger Deal

Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.

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A sign from the Lord : Zee s Punit Goenka s social media post from Ayodhya as Sony terminates $10-bn deal

Earlier today, Sony, in a notice, stated that it is seeking a termination fee of $90 million from Zee Entertainment, claiming that the company has violated the terms of the agreement.

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Sony terminates $10 billion merger with Zee Entertainment; seeks fee of $90 million on alleged breaching of the deal: Reports : Bollywood News

Sony terminates $10 billion merger with Zee Entertainment; seeks fee of $90 million on alleged breaching of the deal: Reports : Bollywood News
vervetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vervetimes.com Daily Mail and Mail on Sunday newspapers.

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News Flash: Sony confirms calling off merger deal with Zee: Best Media Info

News Flash: Sony confirms calling off merger deal with Zee: Best Media Info
bestmediainfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bestmediainfo.com Daily Mail and Mail on Sunday newspapers.

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Sony informs Zee about its decision to terminate merger

The Japanese entertainment giant is expected to officially disclose this development to the exchange later.

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