Eros International to merge with US media company STX Entertainment
Eros International Plc said on Friday it would merge with U.S.-based privately held media company STX Entertainment, sending shares of the Indian film production house nearly 55% higher.
Eros and STX Entertainment, which has produced films including "I Feel Pretty" and "The Edge of Seventeen", did not disclose the financial terms of the deal. Photo: Courtesy Eros International