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Who wins in the merger between Sony and Zee?

By Nithin Sasikumar in BFO #377, 24 Sep, 21

The merger between entertainment and media companies Sony and Zee has divided the world into two camps:

  1. The Twitter camp that said the deal stinks 
  2. The shareholder camp that gave it a big thumbs up 

There’s a lot to unpack here and the story is far from over. So, let’s do a simplistic recap as to what led to this.