Reliance, Disney appoint law firms for antitrust diligence for planned India merger

Reliance, Disney appoint law firms for antitrust diligence for planned India merger

FILE PHOTO: A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo

Indian billionaire Mukesh Ambani’s Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with the matter said.