Mumbai, 27 August Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment, operating as Sony Pictures Networks India (SPNI), together with its group company Bangla Entertainment, on Tuesday said they had resolved disputes on the question of their merger.
ZEEL's shares jumped 15 per cent after this announcement. The stock rose to 154.9 on the National Stock Exchange during the day and closed at 150.9, which was 10 per cent higher than the previous day's closing price.
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