Zee-Sony Merger Update: Sony Likely To Call Off USD 10 Billion Merger With Zee, Issue Termination Notice by January 20, Says Report
As per the report, the Japanese company is allegedly looking to cancel the deal due to a standoff involving Zee’s Chief Executive Officer Punit Goenka. The standoff has risen over whether Punit Goenka, who is founder Subhash Chandra's son, would lead the merged entity or not. Zee-Sony Merger Update: Sony Likely To Call Off USD 10 Billion Merger With Zee, Issue Termination Notice by January 20, Says Report.
Source: latestly.com