Disney, Reliance Will Be Selling 7-8 TV Channels As Part Of Commitments For India Antitrust Approval For Media Merger
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Disney and Reliance are planning to sell 7-8 TV channels to gain antitrust approval for their media merger in India. This move is part of their commitments to address regulatory concerns.
August 28, 2024 | 1:32 pm
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Disney is selling 7-8 TV channels as part of its strategy to secure antitrust approval for a media merger with Reliance in India. This move is crucial for regulatory compliance.
The sale of TV channels is a strategic move by Disney to comply with antitrust regulations in India, which is necessary for the approval of its merger with Reliance. This action is significant for Disney's operations in the Indian market but may not have an immediate impact on its stock price.
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