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ZEE PROPOSES 1:71 SWAP RATIO FOR 9X ACQUISITION (from INX Media, including its liability of Rs60 crore).

India Business Insight

| April 30, 2010 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Zee Entertainment Enterprises Ltd (ZEEL) is acquiring the Hindi general entertainment channel (GEC) 9X from INX Media, including its liability of Rs60 crore. ZEEL has proposed a swap ratio of one equity share of ZEEL …

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