StoriesWithPK
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160-170 is the ideal price for that garbage stock.
- Thread starter Aksgr
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Sony don't have to pay anything as per last extension clause. But zee have to pay 200 million dollar to Disney for termination of icc tv rights deal.
Sony should now focus on india movie production arm. Seems like they put on hold on this. Also sony announced adult animated shows. Hope they will come out soon
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Aksgr
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LIC has called for shareholder meet to discuss on board members. So i believe it might survive around 200s. or else its not worth above 100 itself, its a loss making company
StoriesWithPK
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Sony Confirms Termination Of Merger With Zee
The merger did not close by the end date as, among other things, the closing conditions were not satisfied by then, Sony said.
StoriesWithPK
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Investors should stay away from this shameless management
Aksgr
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Sony may have had to pay Zee a $100 million termination fee as part of the original agreement, but this may no longer be the case as the penalty cause has expired. But there is still the risk that they could be sued by Zee or its shareholders.
variety.com
Sony Calls Off $10 Billion Merger With Indian TV Giant Zee Entertainment Enterprises
Sony calls off its $10 billion merger with Indian TV giant Zee, says two years of negotiations are enough.
variety.com
Shark
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Indian media conglomerate Zee Entertainment said it will take legal action against Japan-based Sony Group following the termination of merger plans which would've created India's largest broadcasting company.
m.economictimes.com
Zee to take legal action against Sony for scrapping merger deal
Sony has announced the termination of its 2021 merger agreement with Zee and is seeking $90 million in termination fees. Zee, in response, refuted the claims made by Sony and emphasized its commitment to protecting stakeholders' long-term interests. Zee is evaluating options and plans to contest...
Aksgr
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worst network ever, shares will fallIndian media conglomerate Zee Entertainment said it will take legal action against Japan-based Sony Group following the termination of merger plans which would've created India's largest broadcasting company.
Zee to take legal action against Sony for scrapping merger deal
Sony has announced the termination of its 2021 merger agreement with Zee and is seeking $90 million in termination fees. Zee, in response, refuted the claims made by Sony and emphasized its commitment to protecting stakeholders' long-term interests. Zee is evaluating options and plans to contest...