Zee has reportedly written to the Securities and Exchange Board of India that “continuous and repetitive” investigations – in a case pertaining to an alleged Yes Bank fund diversion – may impact its merger with Sony.
"Please note that the said merger is at an advanced stage…it is beyond our comprehension as to why the present matter is being re-investigating/re-examining, when the cause of action pertaining to the matter is around four years old,” Zee said in its letter to SEBI, as reported by Business Today.
