ZEEL Calls Off To Acquire 9X Media...

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Media conglomerate ZEEL has called off its deal with music broadcaster 9X Media due to non-completion of certain material conditions precedent.
On 6 October 2017, ZEEL had entered into a definitive agreement to acquire 9X Media and INX Music from New Silk Route and other shareholders for an all cash consideration of Rs 160 crore.

ZEEL calls off deal to acquire 9X Media - TelevisionPost.com: Latest news/Research, India’s Television, Cable, DTH, TRAI
 
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