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Zee sony merger: Sony seeks $90 million termination fee from Zee for alleged breaches of merger agreement

Published: January 22, 2024

Culver Max Entertainment is seeking a $90 million termination fee from Zee Entertainment Enterprises due to alleged breaches of the Merger Co-operation Agreement (MCA). Zee denies the allegations and states that it holds all rights in the matter, suggesting legal action may be taken.

Source: indiatimes.com

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