Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
The two entities could have potentially combined their linear networks, digital assets, production operations and programme libraries to create a mega entertainment firm if the deal had gone through. What happened?
Zee-Sony merger likely to be called off: The highly anticipated merger between Zee Entertainment and Sony s India arm may not proceed as planned, as Sony is reportedly considering issuing a termination notice before January 20. The merger, which was valued at $10 billion, aimed to create the largest media entity in India.
Sony losing ZEEL for merger over leadership newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.