Zee sony merger: Sony seeks $90 million termination fee from Zee for alleged breaches of merger agreement
Culver Max Entertainment is seeking a $90 million termination fee from Zee Entertainment Enterprises due to alleged breaches of the Merger Co-operation Agreement (MCA). Zee denies the allegations and states that it holds all rights in the matter, suggesting legal action may be taken.
Punit Goenka Culver Max Zee Entertainment Enterprises Honble National Company Law Tribunal Sony Group Culver Max Entertainment Board Of Directors The Company
Source: indiatimes.com