what happened to Warner brothers stake in GV films?

Question

Economic times and Financial express said about warner brothers is going to pickup 10% stake in GV films but the company said there is no direct negotiation what does it mean did any body know

Answer 1

As the company has appointed Deollite Haskins and Sells,an international Big 4 accounting firm,to suggest ways and means to exploit its segments of entertainment business to generate revenues and the company has denied any direct negotiations,as this appointment might be to carry out discussions/negotiations indirectly,so it cannot be ruled out as the purview of agenda given to the firm i.e.stake discussion .Thanks.