Sony terminates merger deal with Zee Entertainment; Zee mulls legal options
The closing conditions to the merger were not satisfied by then
Source: theweek.in
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Sony seeks termination fee of $ 90 million for alleged breach by Zee (Ld)
Sony while terminating the merger agreement with Zee Entertainment is seeking termination fee of USD 90 million on account of alleged breach by ZEEL of the terms of the MCA while also invoking arbitration against the company and seeking ...
Source: prokerala.com
Sony seeks termination fee of $ 90 million for alleged breach by Zee
Zee Entertainment said it categorically refutes all claims and assertions made by Culver Max and BEPL regarding alleged breaches of the MCA by ZEEL
Source: thestatesman.com
Sign From The Lord, Zee CEO Punit Goenka, In Ayodhya, Posts On Sony Merger Breakdown
Zee Entertainment Enterprises Ltd (ZEEL) boss Punit Goenka today posted an update about a cataclysmic development in his company while attending the Ram temple consecration ceremony in Uttar Pradesh's Ayodhya.
Source: ndtv.com
'Evaluating all available options': Zee hints at legal action after Sony terminates $10-bn merger deal
Sony ended the merger deal, which was announced two years ago, as they could not agree on some deal conditions, and has also sought $90 million in termination fees from Zee
Source: businesstoday.in