Zee Entertainment's stock tumbles 25 pc bourses revise lower price band
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Source: theweek.in
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Merger called off, Zee Entertainment shares sink; what next for Zee and Sony?
Zee is likely to attract other suitors for potential deals
Source: theweek.in
Zee Entertainment shares plunge over 25% after Sony calls off merger
Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country. Zee's stock touched its lower price band on both BSE and NSE as the bourses revised lower circuit limit for the company on Tuesday.
Source: indianexpress.com
Zee-Sony merger: What litigation did Zee fight to keep the deal afloat?
ZEEL chief executive Punit Goenka and his father Subhash Chandra huffed and puffed and managed to blunt a series of adverse rulings against them by market regulator SEBI and company law adjudicator NCLT at the appellate level. That, however, did not prevent Sony Pictures from calling off its $10-billion merger deal with ZEEL. Here’s a look at the various cases.
Source: moneycontrol.com
Zee Entertainment Tumbles 33% to 52-week Low After Sony Calls Off Merger
Zee Entertainment Enterprises Ltd (ZEEL) tumbled over 33% Tuesday and touched its 52-week low of Rs152.50 on NSE following a termination letter sent by Sony to call off the merger
Source: moneylife.in