Reliance Digital TV & Sun Direct back in merger talks
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Reliance Digital TV & Sun Direct back in merger talks
#1
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.
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#2
If they merge then they will have huge number of channels available by removing repeated ones.
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#3
Correct Amatan bro.
#4
heard about this last month from sun person but then no update
#5
(Thursday 07-August-2014, 22:00)MJ786 Wrote: heard about this last month from sun person but then no update

What bro ?
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