Zee Trying To Revive Rs 83,000 Crore Merger With Sony: Report
NDTV
Representatives from both parties have been working to salvage the deal, with efforts to revive the merger gaining momentum over the past two weeks, the report added.
Zee Entertainment is making a final attempt to restart discussions with Japan's Sony Group to revive their $10 billion (roughly Rs 83,098 crore) merger deal which was scrapped on Jan 22, Economic Times reported on Tuesday, citing people aware of the matter.
Representatives from both parties have been working to salvage the deal, with efforts to revive the merger gaining momentum over the past two weeks, the report added.
However, there is a chance that the discussions might fail as significant differences remain unresolved and both sides are standing firm on their positions, it said.
