The Zee-Sony merger looks set for a long drawn legal battle. And with Invesco tightening the screw demanding the removal of Punit Goenka and the call for an EGM session. The Zee board outrightly rejecting the demand for a EGM, the entire saga smacks of a hidden agenda and conspiracy to scuttle the merger deal. We could see a long drawn corporate battle ahead. And the net result will be the merger not going through, thereby depriving the chance of Zee-Sony becoming a major behemoth in the broadcast industry and giving Disney-Star a run for their money. Media Beat Column by noted media expert Ashok Mansukhani sheds light on the whole episode. Please check out the article.. ....
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