TOKYO -- Indian broadcaster Zee Entertainment has withdrawn its bid to force a $10 billion merger with Sony's local unit, several months after the Japanese company pulled out of the blockbuster deal.
Business deals
Indian media group Zee abandons bid to merge with Sony
Broadcaster had tried to force $10bn deal after Japanese company walked away
In late 2021, Zee and Sony announced plans to merge Zee with Sony Pictures Networks India, now known as Culver Max Entertainment. © Reuters
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