ZEE drags Sony to NCLT after $10-bn merger deal collapses
ZEE says it has also started "appropriate legal action" to contest Sony, BEPL’s claims in arbitration proceedings before SIAC
sony corp
January 2024
May 2019
ZEE shares tank 30% to hit lowest level since Aug 2020
Sony’s termination of the deal with ZEE fuels downward rally; analysts say the scrip may fall to levels seen prior to merger announcement
ZEE hits lower circuit post Sony deal collapse & analyst downgrades
As the Sony-Zee deal turns sour, competition will likely intensify in the sector, with reported merger of Reliance and Disney Star, say analysts
ZEE weighing ‘legal options’ as Sony terminates $10-bn deal
Zee says it’ll contest Culver Max, BEPL’s claims of $90 mn in termination fees
$10 bn Zee-Sony merger deal collapses after 2 yrs of talks
Setback to Zee as Sony sends termination letter; cites failure to fulfil agreement as reason behind deal collapse
Zee’s FY19 earnings may aid better valuation
With promoters looking to pare their stake in the media company to repay debt, sound FY19 financial results shine light on the quality of the asset.
