₹165.90 apiece on the BSE. On January 23, Zee Entertainment Enterprises share price cracked 33% to close at ₹155.90 on the BSE after the termination of the merger deal with Sony spooked investors, prompting apprehensions about Zee's future growth prospects and the overall valuation of its stock.
Sony ended its merger agreement and demanded $90 million in termination fee. Zee stock erased more than ₹7,000 crore market-cap in a single day.
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