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Zee Entertainment Appeals to Sony for Withdrawal of Merger Termination

Zee said it has started legal action to contest Sony's claims of breach of terms in arbitration proceedings before the Singapore International Arbitration Centre.

Zee Entertainment Appeals to Sony for Withdrawal of Merger Termination

Bengaluru: Zee Entertainment said on Wednesday it has called on Sony Group to withdraw the Japanese company's termination of a $10 billion merger between its local unit and the Indian broadcaster.

Zee also said it has started legal action to contest Sony's claims of breach of terms in arbitration proceedings before the Singapore International Arbitration Centre.

Original News : India News | Reuters

(Except for the headline, this story has not been edited by Scrabbl staff and is published from a syndicated feed.)