India Business News: Zee Entertainment has urged Sony to withdraw its merger termination notice and honor its obligations. Zee has contested Sony's claims of breaching the
The aftermath of the merger fallout is likely to pose more problems for Zee than Sony as Zee may have to face a claim from Sony for the termination fee along with other financial commitments.
The aftermath of the merger fallout is likely to pose more problems for Zee than Sony as Zee may have to face a claim from Sony for the termination fee along with other financial commitments.
Monday s announcement marks the conclusion of a two-year deal process. The merger with Sony, according to analysts, was expected to potentially rescue Zee from its current crises and decline in market share.
India Business News: Zee Entertainment shares witnessed a significant 28.18% decline following the termination of the merger with Sony. Brokerages have downgraded the stock, and experts advise caution. Here's what you need to know.