India's Zee denied the allegations in a letter to Sony, also reviewed by Reuters, and accused the Japanese company of "bad faith" in calling off the merger.
A Zee-Sony merger in India would have created a media powerhouse in the country with 90-plus channels across sports, entertainment and news.
But Sony terminated the plans on January 22, saying in a statement it was doing so because "closing conditions" were not satisfied after two years of negotiations. Neither Sony nor Zee made the contents of the termination notice public.
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Diese Geschichte stammt aus der January 30, 2024-Ausgabe von Hindustan Times.
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