Is the Sony-Zee merger slowly morphing into a hostile takeov

Is the Sony-Zee merger slowly morphing into a hostile takeover by the Japanese giant?

Several conditions precedent and terms involving closure of overseas businesses, domestic divestments and additional provisions have been complied with by Zee, yet Sony is gunning to grab its only board seat and key managerial position, say insiders. Heres a quick analysis of this dramatic deals dynamics.

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