Disney, Reliance Industries Nearing Media Merger in India

Walt Disney Co. (NYSE: DIS) and Reliance Industries Ltd. are reportedly on the verge of signing a non-binding pact for a cash-and-stock merger of their media operations, a move that could reshape the media landscape in India. Sources familiar with the matter suggest that the deal, expected to be announced this week, will see Reliance … Continue reading Disney, Reliance Industries Nearing Media Merger in India