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Zee Entertainment Shares Fall on Reports of Sony Calling off Merger Deal – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Zee Entertainment Shares Fall on Reports of Sony Calling off Merger Deal

Zee Entertainment Shares Fall on Reports of Sony Calling off Merger Deal

Updated Jan. 9, 2024 5:11 am ET

Shares of Zee Entertainment Enterprises fell sharply Tuesday after news reports that Japan’s Sony Group may call off a merger of its India operations with the former.

Zee Entertainment shares fell as much as 13% and were last down 7.3% at 257.40 Indian rupees ($3.10).

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