Comments on Jet -Sahara merger deal off

Not much time,when media was full with newses of jet sahara merger . Now after more that 2 months, Jet boss Naresh Goel is taking his hands back from the deal, whatever will be the reason because the one party is silent on the issue till date but its the high profile war of two of India's biggest corporates. Prima facie it seems the breach of pact from Jet side but delving into the matter it is easily seen that Just after announcing the deal of merger Naresh Goel realised that the deal is not worth of Rs. 2300 crore and since then he is demanding of around 10-20% reduction . However Sahara is rght on his own way because its not the way to get reverse like this.

Its going to be very intersting in days to come, the war is in court now and every body is just guessing what next? including other players of the same fields (Kingfisher , GoAir etc.)




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