Rd22
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Issuse in Sony Zee merger is Zee promoters taken unsecured loans from private banks, but not closed yet. All others are cleared the merger.
But it's known fact any firms Merger with Reliance process doesn't take much time like Zee/Sony 2 years. here Reliance acquire/Jv process different they will appoint investment company and indirectly own stakes in that company too.Wrong statement. Zee rejected merger with RIL due to low valuation. Wheras RIL rejected sony proposal as they wanted operation share