Tag Archives: Merger

Disney Layoffs Hit TV Distribution, Home Entertainment Units Post Fox Merger; 20th TV EVP Greg Drebin Exits

Five months after Disney’s $71.3 billion acquisition of key Fox assets was completed, there has been a new round of layoffs in Disney’s media distribution areas that include home entertainment and TV distribution, I have learned. I hear several dozen employees, just under 60, were affected, both on Fox and Disney side. I hear among the highest-ranked among those who are leaving are Greg Drebin, EVP ... Read More »

SBI Clears Merger Of 5 Associates, Bharatiya Mahila Bank With Itself

SBI approved scheme of merger of five associate lenders and Bharatiya Mahila Bank with itself. New Delhi: In a bid to create global size bank, the board of State Bank of India on Thursday approved scheme of merger of five associate lenders and Bharatiya Mahila Bank (BMB) with itself while protecting the interest of the existing staff. “The central board of ... Read More »

Zo Rooms Website, App Down – Shutdown or Merger on the Cards?

Both the website and app of Tiger Global backed branded budget room chain Zo Rooms has been down for over 24 hours, in what could be interpreted as signs of a consolidation in the sector. Update: The Zo Rooms website and app are operational again. Paavan Nanda, Co-Founder of Zo Rooms declined to comment on rumours of an acquisition. Gadgets ... Read More »