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Zee demands $90 million in termination fee from Sony for calling off merger

On 22 January, Sony Group Corp., the Japanese parent of Sony Pictures Networks India (SPNI) and Bangla Entertainment Pvt. Ltd (BEPL), had announced the termination of the $10-billion merger agreement with ZEEL, while seeking $90 million for breach of conditions besides initiating arbitration. ....

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Zee Entertainment Shares Tumble 12%; Hit Lower Circuit Limit

Zee Entertainment Shares Tumble 12%; Hit Lower Circuit Limit
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