Sony on the brink of terminating $10 billion merger with Zee: The inside story of what went wrong over two years

Sony is planning to officially send a termination notice to Zee by this month end, maybe as early as January 22nd, said two people aware of the matter, unless Zee relents on key clauses. Sources close to Zee said most operational CPs have been "cured" while some joint ones are pending from both sides and those linked to the actual consummation of the merger will happen on deal closure.

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