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Cryptopolitan 2024-01-22 18:12:29

Sony calls off its $10 billion merger with Zee Entertainment

Sony’s decision to abandon the proposed merger with Zee Entertainment has marked the end of a protracted two-year acquisition deliberation, dashing hopes for the creation of a $10 billion media powerhouse in the South Asian market. Despite a 60% surge in Zee’s shares in the latter half of 2023 fueled by optimism surrounding the deal,

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