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Balaji ends pact with Star; to buy back stake

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  • Published On: August 19, 2008
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For Star Group and Balaji Telefilms the kahani is finished and it is official that they have divorced less than 4 years after marriage. After much speculation Balaji Telefilms, promoted by Jeetendra and Ekta Kapoor, has sent a notice to the Bombay Stock Exchange saying the agreement has been terminated and the promoters would be buying back the 26 per cent stake from Rupert Murdoch's Star group.
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