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Adithya Vikram
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Its seems that there are misleading information and discussions shown as breaking new
Its seems that there are misleading information and discussions shown as breaking news about the cancellation of sun direct and reliance digital merger and take over by sun group. It seems only the media and some users are spreading the news and rumours. Yes it has been delayed but no official announcements so far from both the companies have been heard as of yet, neither for merger nor for pulling out. Wait and see the merger can still go through, its in the interest of both the companies. Besides Reliance had already discontinued showing interest in this business and their operations lack the thrust and aggression what it used to be. Its difficult for them to continue and bring back the business from now onwards, moreover majority of their staff has left the organisation. They have no other buyer or even any another firm showing interest in buying out their company. Anil is desperate to leave this business and what all is happening seems just negotiation strategies. The merger will go through eventually and Anil has to come down on its price as he has no other option to go to.
Its seems that there are misleading information and discussions shown as breaking news about the cancellation of sun direct and reliance digital merger and take over by sun group. It seems only the media and some users are spreading the news and rumours. Yes it has been delayed but no official announcements so far from both the companies have been heard as of yet, neither for merger nor for pulling out. Wait and see the merger can still go through, its in the interest of both the companies. Besides Reliance had already discontinued showing interest in this business and their operations lack the thrust and aggression what it used to be. Its difficult for them to continue and bring back the business from now onwards, moreover majority of their staff has left the organisation. They have no other buyer or even any another firm showing interest in buying out their company. Anil is desperate to leave this business and what all is happening seems just negotiation strategies. The merger will go through eventually and Anil has to come down on its price as he has no other option to go to.
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