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Zee Entertainment Enterprises has sought a termination fee of USD 90 million (around Rs 748.7 crore) from the Sony Group for calling off the USD 10 billion merger deal in January this year.
ZEEL has, on account of Culver Max's and BEPL's breaches under the Merger Cooperation agreement (MCA), terminated the MCA by issuing a letter dated May 23, 2024., Companies News - Times Now