Sony Walks Away From $10B Merger With Zee Entertainment In India

Sony Walks Away From $10B Merger With Zee Entertainment In India

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Sony has terminated plans for its long-in-the-works merger of its television and streaming operations in India with local giant Zee Entertainment Enterprises, saying that closing conditions were not satisfied. The $10 billion tie up has been in the offing for more than two years, but had hit…

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