Sony called off the merger between its India unit and Zee Entertainment on Monday, ending a two-year acquisition deliberation that would have created a $10 billion media powerhouse in the South Asian market. Sony said in a statement that it has sent a termination letter to Zee after the Indian firm failed to meet the […]
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https://techcrunch.com/2024/01/21/sony-tells-zee-its-terminating-the-10-billion-india-merger/