Zee's Merger Future Uncertain Amid Sony's Silence: What's Going on?
Zee Entertainment seeks extension for merger talks with Sony's Culver Max Entertainment; Sony India yet to respond as deadline looms.
The potential collapse of the Zee-Sony multi-billion-dollar merger was due to Sony's silence and Zee's commitment to continue negotiations.
Dispute centers around Zee's CEO Punit Goenka's leadership role amid SEBI investigation, causing Sony's resistance to the merger terms.
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