Sony Group and Zee Entertainment Enterprises called off their merger deal due to a disagreement over the managing director and chief executive position. The deal termination notice from Sony claimed multiple breaches by Zee, including a decline in operating profit, non-disclosure of investigations, and signing a deal with Disney Star without Sony's consent. Zee defended its actions, stating that there were sports-related exceptions and questioning Sony's motives for raising issues late in the deal. Read The Rest at :
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