Mumbai, India and Culver, California – Sony Pictures Television (SPT), an indirect wholly-owned subsidiary of Sony Pictures Entertainment Inc., will be acquiring approximately 32 percent of the shares of Multi Screen Media Private Limited (MSM), which are owned by Grandway Global Holdings Limited (Grandway) and Atlas Equifin Private Limited (Atlas). Upon government approval, the agreement will bring SPT’s stake in MSM to a little over 94 percent. Under the terms of the agreement, an … [Read more...] about SPT to increase stake in MSM