On January 23rd, shares of Zee Entertainment Enterprises fell 10% in opening trade after Sony Pictures withdrew from its proposed $10 billion merger deal. Zee was locked in lower circuit at Rs 208.30 on the NSE at market open. As we reported, Zee may take legal action against Sony over this deal cancellation. In calling […]

The post Zee Shares Crash 10% After Rs 84,000 Crore Merger Gets Officially Cancelled; Legal Action By Zee Against Sony? What Advisors Are Saying? appeared first on Trak.in - Indian Business of Tech, Mobile & Startups.