Zee Ent

BY A STAFF REPORTER

Zee Ent: MD Goenka wrote to board of a Invesco-proposed merger deal

Zee Ent: Invesco approached Punit Goenka in Feb with a merger deal

Zee Ent:Invesco proposed co's merger with cos owned by Indian group

Zee Ent: Invesco proposed Goenka as MD, CEO of merged entity

CONTEXT:Invesco has moved to oust Punit Goenka as MD, CEO of Zee Ent

Zee Ent: Goenka objected to co's merger deal as being over-valued

Zee Ent:Invesco's actions motivated by events extraneous to co's ops

Source : Eureka

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