‘Sign from the lord’: Sony tells Zee it’s terminating the $10 billion India merger

‘Sign from the lord’: Sony tells Zee it’s terminating the $10 billion India merger

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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…

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