Sony tells Zee it’s terminating the $10 billion India merger

This post is by Manish Singh from TechCrunch

Sony called off the merger between its India unit and Zee Entertainment on Monday, ending a two-year acquisition deliberation that would have created a $10 billion media powerhouse in the South Asian market. Sony said in a statement that it has sent a termination letter to Zee after the Indian firm failed to meet the […] © 2023 TechCrunch. All rights reserved. For personal use only.