Aksgr
Member
- Joined
- 27 Oct 2018
- Messages
- 4,642
- Reaction score
- 8,243
Bloomberg reported few minutes ago that sony has sent zee official termination letter.
10Billion $ deal is now officially terminated.
10Billion $ deal is now officially terminated.
Sony Sends Termination Letter to Zee Over India Merger
Sony Group Corp. has officially notified Zee Entertainment Enterprises Ltd. it plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up.
www.bloomberg.com