Breaking ZEEL and Sony merger approved by ZEEL board; definitive agreements signed

[Ashok Varma]

Sony is not agreed to extend date for merger with Zee, but Sony wants to hear Zee's proposal before deadline

Sony wants to hear Zee’s proposal before deciding to extend merger deadline

Sony India has issued a statement saying it has not yet agreed to the extension of the deadline for merger sought by Zee.

www.cnbctv18.com

 

[stiwari]

Sony is ready to back out if Zee proposal(Mr.Goenka of Zee heading the merged group) is not suiting them?

Zee-Sony merger teeters on the brink of collapse

On Sunday, Zee had requested Sony for more time to complete the merger

www.livemint.com

 

[alec]

Sony - disney & viacom18 -zee merger would be better to avoid a monopoly in media sector

 

[peter9]

ZEEL shares decline 4% after Sony refuses to agree to merger deadline extension

ZEEL shares decline 4% after Sony refuses to agree to merger deadline extension

Zee shares fell after Sony India issued a statement saying it has not yet agreed to Zee's proposal for the extension of the merger deadline.

www.moneycontrol.com

 

[vikhyath]

Merger or No Merger... Lenders should be ever thankful to Sony for making Zee pay there debts!

 

[Aksgr]

Looks like its end of drama.
Get ready for mega climax

No Sony nod yet to extend Zee merger date

In a statement, the Sony Group Corporation-owned company said Zee has acknowledged that it will not be able to meet the deadline. SPNI said it looks forward to hearing ZEEL's proposals and how it plans to meet the remaining key conditions.

m.economictimes.com

 

[peter9]

https://twitter.com/x/status/1737297836918907106

 

[peter9]

Zee Sony merger on edge of collapse.

 

[ab666]

Institutional investors want Zee-Sony merger soon

Institutional investors want the Zee-Sony transaction to close as soon as possible, with or without Zee CEO Punit Goenka at the helm of the merged entity. On Sunday, Zee informed the exchanges that it has asked Sony to extend the deadline of the merger from December 21. Sony is yet to acquiesce...

www.thehindubusinessline.com

 

[peter9]

Zee, Sony to make one last try to save the merger

Sony Pictures Entertainment and Zee Entertainment Enterprises have agreed to extend the deadline for their $10bn merger by 30 days after failing to find common ground in negotiations.

www.livemint.com