Balaji ends pact with Star; to buy back stake
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.
