Merger? I'm talking about a hostile takeover situation. Because the way Punit Goenka is handling the mess at ZEEL after the failure of the merger, it would soon face a hostile takeover from an Indian or a Foreign company which will end with his ouster from the company.
Sorry not merger only takeover
If Punit goenka would have resigned as ceo during zee Sony merger then the merger would have been successful because if Sony can support asit modi then they would have supported Punit goenka alsoPunit Goenka still optimistic about Zee even after failure of Sony Zee deal,they are so optimistic about themself heven after Star Jio deal is succesful.They even do not sense till date their sinking already started in long run,thier high headedness only lead to failure of Sony merger with them,it now clear from below link news.
Disney-Viacom18 merger might boosts ad leverage, less impact on competition: Punit Goenka - ET BrandEquity
During the earnings call, Punit Goenka discussed Zee's improved financial position, enabling better content sourcing. He expressed confidence in Zee's future in film production across languages, while also emphasizing the strategic importance of music. Addressing industry consolidation, he...brandequity.economictimes.indiatimes.com
Sony is not supporting asit modi
They haven't took any action against him despite so many controversies
Beacuse there channel Sony sab is dependent on his show if there dependence will vanish then they will take action
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