Lurie
Member
- Joined
- 13 Jun 2017
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I hope zee gets further humiliated in case if they plan to sue Sony.
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.
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...m.economictimes.com