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Sony-Zee: How and why curtains fell on a mega media deal that was two years in making

"Sony Pictures Networks India Private Ltd (SPNI) (now known as Culver Max Entertainment Ltd), a wholly owned subsidiary of Sony Group Corp (Sony), today issued a notice terminating the definitive agreements entered into by SPNI and Zee Entertainment Enterprises Ltd," the Japanese company said in a press release issued on Monday. ....

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Curtain Falls on Sony-Zee Merger Deal

The proposed merger between Sonys India operations with Zee Entertainment Enterprises Ltd (ZEEL) collapsed in acrimony as the Japanese parent pulled the plug on a deal thats been two years in the making. ....

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Zee share price tanks 10%, hits lower circuit as Sony calls off merger

Zee Entertainment share price opened at ₹208.60 on Tuesday against the previous close of ₹231.75 on the BSE. It extended losses and cracked 25 per cent to hit the lower circuit of ₹173.85 on the BSE. ....

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Sony-Zee $10 billion merger deal collapses, Zee shares slide after breakdown | Indiablooms - First Portal on Digital News Management

After two years of stalled negotiations, Japan’s Sony Corp officially called off its planned $10 billion merger between its Indian subsidiary and Zee Entertainment Enterprises Ltd. (ZEEL) on Monday (January 22), media reports said. ....

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Sony Group terminates merger with Zee Entertainment

Sony Group Corp has sent a termination letter to Zee Entertainment Enterprises Ltd, ending the proposed merger between their India unit and the media network. ....

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