Zee approaches NCLT against Sony's decision to call off merger
Wednesday, 24 January 2024 Zee Entertainment has moved the National Company Law Tribunal and the Singapore International Arbitration Centre against Sony's decision to terminate the $10 billion merger. Sony cited the unmet merger conditions as the reason for termination. Zee has sought guidance from the tribunal on how to carry out the merger.
Sony Ends $10 Billion Merger , With India Media Giant Zee.
The deal was called off
on Jan. 22, CNN reports. .
According to Sony, “the closing conditions
to the merger were not satisfied.”.
However, the company “does not anticipate any material impact on its consolidated financial results...
Judge Blocks , JetBlue-Spirit Merger.
Judge Blocks , JetBlue-Spirit Merger.
The merger was halted
on Jan. 16, CNBC reports. .
The blocked deal follows a lawsuit filed by the
U.S. Justice..
Credit: Wibbitz Top Stories Duration: 01:30Published
EU to Check Whether , Microsoft’s Investment in OpenAI , Falls Under Merger Rules.
On January 9, the European Union announced
an investigation to determine if Microsoft's
massive investment in..
Credit: Wibbitz Top Stories Duration: 01:31Published
Wednesday, 24 January 2024
![Judge Blocks JetBlue-Spirit Merger [Video]](https://video.newsserve.net/300/v/20240116/1363777265-Judge-Blocks-JetBlue-Spirit-Merger.jpg)
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