Zee will sue Sony; promoter family to hike holding in Zee by 5 per cent, says Subhash Chandra
Subhash Chandra, chairman emeritus of Zee Entertainment Enterprises, has alleged that Sony intentionally prevented a merger despite the Zee promoters’ offer – during extended negotiations – to have Punit Goenka step aside from the chief executive’s post. Chandra said Zee intends to sue the Japanese company for damages. The Zee founder also told Vinod Mahanta …