NCLT gives Sony 3 weeks to respond to Zee's plea for revival of merger deal
NCLT has kept the next date of hearing on this matter on March 12
Source: businesstoday.in
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extension: Sony, Zee agree to enter into good faith negotiations to extend cut-off date
“Zees notice to the Bombay Stock Exchange and the National Stock Exchange of India dated December 17 is an acknowledgment that they will not be able to meet the December 21, 2023, deadline to close the SPNI/ZEE merger,” the SPNI statement read. It added that the ZEEL notice triggers an existing contractual provision in the deal that allows for both parties to discuss the possibility of extending the deadline.
Source: indiatimes.com
Sony Entertainment Television: Sony says no extension of merger deadline yet
India Business News: Sony's India unit is considering Zee's proposals for completing the merger. Sony Pictures Networks India has not agreed to a deadline extension reques
Source: indiatimes.com
Zee asks Sony to extend December 21 merger deadline
India Business News: Nearly two years after announcing a merger plan, Zee Entertainment Enterprises has asked Sony Pictures Networks India (now known as Culver Max Enterta
Source: indiatimes.com
The Pitch - June 2023 | Arnall Golden Gregory LLP
The Pitch newsletter is a monthly update of legal issues and news affecting or related to the music, film and television, fine arts, media, professional athletics, eSports, and gaming...
Source: jdsupra.com