Zee Entertainment and Sony India settle $10bn merger dispute
Under the terms of the settlement, none of the parties will have any outstanding or continuing obligations or liabilities to the other.
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Under the terms of the settlement, none of the parties will have any outstanding or continuing obligations or liabilities to the other.
Sony issued a termination letter over the weekend after both parties failed to reach a consensus during the 30-day grace period, which ended January 20, 2024.
The proposed merged entity will be led by current Zee CEO Punit Goenka.
