💨 Abstract
Tata Group and Bharti Group are finalizing a merger of their satellite TV businesses Tata Play and Airtel Digital TV, driven by losses due to digital streaming migration. The deal, involving a share swap, will give Bharti Airtel a 52-55% stake and Tata Play shareholders, including Walt Disney Co, 45-48%.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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