Zee to take legal action against Sony for scrapping merger deal

Sony has announced the termination of its 2021 merger agreement with Zee and is seeking $90 million in termination fees. Zee, in response, refuted the claims made by Sony and emphasized its commitment to protecting stakeholders' long-term interests. Zee is evaluating options and plans to contest Culver Max and BEPL's claims through legal action and arbitration proceedings to safeguard its position. Read The Rest at :