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

[StoriesWithPK]

Sony had to pay 100 million if sony wouldn't allow extension last month. But on end of extension deal will collapse automatically. Most probably sony don't have to pay anything

Exactly. They will be smart to allow extension and just not close the deal

 

[Aksgr]

Exactly. They will be smart to allow extension and just not close the deal

Remeber zee can go for 2 more times to extend the merger day.

 

[Abhinav]

Reports denied by ZEEL calling it baseless and factually incorrect

 

[00anonymous00]

Zee Calls Report On Sony Planning To Call Off Merger 'Incorrect'

Any change in the scheme document will send it back to the regulatory desk and shareholders for reapprovals, the people said.

www.ndtvprofit.com

 

[iDJ]

Irony Zee calling something fake.

 

[DreamDTH]

This denial comes after media reports hinted at a potential cancellation of the deal, citing a conflict over the leadership of the merged entity.

Zee Entertainment denies reports of 10 Billion USD merger termination

 

[Shark]

Zee Calls Report On Sony Planning To Call Off Merger 'Incorrect'

Any change in the scheme document will send it back to the regulatory desk and shareholders for reapprovals, the people said.

www.ndtvprofit.com

So, Adani is also interested in Zee-Sony merger

 

[roman]

Good that Sony strongly stood against going under his management

Obviously, everyone knows his behaviour that how he treat his employee. specially the treatment he give the news Anchors like Sudhir Chaudhary, Palki Sharma Upadhyay, Aditi Tyagi, Sachin etc.

 

[Akki007]

Zee Entertainment Shares Plunge 8%; Market Valuation Falls By Rs 2,036 Crore.

Shares of Zee Entertainment Enterprises tanked nearly 8 per cent on Tuesday amid uncertainty over the fate of the $10 billion merger between the company and Culver Max Entertainment, formerly Sony Pictures Networks India.

Zee Entertainment Shares Plunge 8%; Market Valuation Falls By Rs 2,036 Crore

The stock tumbled 12.66 per cent to Rs 242.30 during the day on the BSE. It ended at Rs 256.25 apiece, lower by 7.64 per cent

news.abplive.com

 

[peter9]

I and my friends lost altogether around 40k due to this Waste Fellow #Goenka.. Will never ever invest on Zee Shares.