Sony sends termination letter to Zee over India merger
[ad_1] Sony Group has officially notified Zee Entertainment Enterprises of its plans to call off the merger between its India unit and the Indian media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up.The Japanese entertainment giant sent a termination letter to Zee early on Monday and is expected to disclose it to India's stock exchange later, said people familiar with the plan, […]