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Reliance Digital TV & Sun Direct back in merger talks

This is generating a buzz in deal circles: An
imminent merger or takeover of the Anil Ambani-
promoted Reliance Big TV with or by Kalanithi
Maranpromoted Sun Direct.The transaction was
nearly dropped last year due to a valuation
mismatch and the legal wrangle Sun finds itself
in because of the 2G scam. The two billionaire
promoters have now decided that a merged
company would be better than the two DTH TV
service providers fighting each other, people in
the know said.




4 Comments

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  1. [quote=’MJ786′ pid=’26436′ dateline=’1407429031′]
    heard about this last month from sun person but then no update
    [/quote]

    What bro ?

  2. heard about this last month from sun person but then no update

  3. Correct Amatan bro.

  4. If they merge then they will have huge number of channels available by removing repeated ones.

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