from Hacker News

India approves $8.5B Reliance-Disney entertainment mega-merger

by rammy1234 on 8/29/24, 11:34 AM with 1 comments

  • by gryfft on 8/29/24, 12:03 PM

    > The venture, in which billionaire Mukesh Ambani's Reliance Industries will have majority stake

    Wait, Disney Entertainment's getting bought? I'm really confused and curious how the structure works and what the relationship of the post-merger entity is to the Walt Disney Company.