Merger of Zee Entertainment & Reliance Industries: How Likely?
If the Invesco is to be believed, the talks of a merger between Zee Entertainment and Reliance Industries are surfacing. Invesco, who is a major investor in Zee Entertainment, has claimed that they have facilitated the merger between these two companies. For the last two years, Zee Entertainment has not been performing well, and that might be the reason behind the merger.
In both the companies’ birth charts, Venus is in its own sign. Reliance will perform well when paired with any media company, since the lords of the seventh and eighth houses are together in the second house of Reliance’s chart. Both the seventh and eighth houses represent partnership and profession, respectively.
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For Zee Entertainment, the merger with a foreign company would be more profitable, rather than a domestic one. A closer look at the planets suggest that the next eight months seem very tough for the merger. If the merger is taking place in the next eight months, it may prove to be very complicated for both organisations.
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