Disney (DIS) & Reliance Sign Non-Binding Deal for Indian Media

Disney DIS and Reliance Industries have agreed on a non-binding term sheet to merge their media operations in India. As part of the merger, Reliance is set to own 51% through a combination of shares and cash, while Disney will ret https://www.nasdaq.com/articles/disney-dis-reliance-sign-non-binding-deal-for-indian-media