Unaware of Sony board meet, says Zee; Reiterates commitment to mega-merger

A day before the deadline for the extension of the proposed Zee-Sony merger expires, Zee Entertainment on Friday said that it was unaware of any board meeting held or proposed to be held by Culver Max Entertainment (formerly Sony Pictures Networks India) to discuss merger-related issues.

The company also reiterated its commitment to the proposed merger with Sony, saying it continues to work towards a successful closure.

In an exchange filing on Friday, the media company said that it was engaged in good faith negotiations with Sony in this regard. “We cannot comment on any board meeting held or proposed to be held by Culver Max Entertainment, given that these are internal matters of Sony.