JavaScript must be enabled in order for you to see the posts in this forum. However, it seems JavaScript is either disabled or not supported by your browser. To see the posts, images and links please enable JavaScript by changing your browser options, then try again.


Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Sun direct Reliance merger cancelled
Thursday 12-September-2013, 17:55,
Sun direct Reliance merger cancelled
sun direct and reliance merge deal is cancelled due to non agreement on money issue
this info i got from friend working in sun direct

VerysadVerysadVerysadVerysadVerysad
Add Thank You Reply
[-] The following 1 user says Thank You to rajreddy for this post:
S.Raman
Thursday 12-September-2013, 18:44,
RE: Sun direct Reliance merger cancelled
Sad news.But merging news is published in newspapers.
Add Thank You Reply
Friday 13-September-2013, 18:03,
RE: Sun direct Reliance merger cancelled
but y ? i think only mj bhai or viki bhai can give more inputs
Add Thank You Reply
Friday 13-September-2013, 18:13,
RE: Sun direct Reliance merger cancelled
(Thursday 12-September-2013, 18:44)MAHI Wrote: Sad news.But merging news is published in newspapers.

See the below news which was publish few days back on 28th August, 2013 in The Hindu Business Line about the Merger not getting through.

Quote:News reports had earlier said Sun Direct was likely to acquire the business of Reliance Big TV and that a due diligence exercise was on. Senior executives at Reliance had then told Business Line that they did not want to comment on speculation. But, according to industry sources, it may take a while to decide this issue, as it calls for a lot of understanding between the two entities. The industry sources now say the merger plan between the two companies may not go through “as there is some disagreement on the valuation”. The two companies have been sharing their back-end facilities for a couple of years now. After a technical glitch in INSAT 4B in 2010, Sun Direct entered into a long-term agreement with Reliance Digital to share the latter’s bandwidth in MEASAT 3.
Add Thank You Reply
[-] The following 1 user says Thank You to kumaran for this post:
S.Raman
« Next Oldest | Next Newest »


Possibly Related Threads...
ThreadAuthorRepliesViewsLast Post
  Breaking News: Reliance Digital TV & Sun Direct back in merger talks MAHI 4 942 Friday 08-August-2014, 18:18
Last Post: MAHI

Forum Jump:


Users browsing this thread: 1 Guest(s)

Contact Us | DthHelp | Return to Top | | Lite (Archive) Mode | RSS Syndication
DMCA.com Protection Status