Zee-Sony fallout: Zee incurred Rs 700-cr cost for merger deal, says report
On January 21, Sony Group sent a notice to Zee Entertainment terminating the mega-merger worth $10 billion between the two entities. Later, Sony Group sought $90 million for breach of conditions besides initiating arbitration from ZEEL.
Shyamala Venkatachalam Los Angeles Sony Group National Company Law Tribunal Zee Entertainment Enterprises Ltd Zee Sony
Source: businesstoday.in