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Extremely disappointed that merger closing conditions were not satisfied by end date: Sony

Culver Max Entertainment has terminated merger agreement with Zee Entertainment Enterprises; Sony Pictures Entertainment disappointed with the unsatisfied closing conditions; Sony remains committed to Indian audience and entertainment growth. ....

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Awaiting ZEE's proposals on completing remaining critical closing conditions of merger: Sony

“ZEEs notice to the Bombay Stock Exchange and the National Stock Exchange of India dated December 17 is an acknowledgement that they will not be able to meet the December 21, 2023 deadline to close the SPNI/ZEE merger," the SPNI statement reads. ....

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