Walmart to Refile Forms on Proposed Vizio Acquisition Friday
Walmart expects to refile forms about its planned acquisition of smart television maker Vizio Friday (March 29).
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Walmart expects to refile forms about its planned acquisition of smart television maker Vizio Friday (March 29).
Walmart and VIZIO announced they have entered into an agreement for Walmart to acquire VIZIO for $11.50 per share in cash, for a total value of $2.3 billion.
Walmart has agreed to buy TV maker Vizio, the companies announced on Tuesday, February 20th, as the largest U.S. retailer grows its high-profit ad business. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. The big-box retailer announced the acquisition as it reported its fourth-quarter earnings. Vizio shares, which spiked after
Walmart revealed to Progressive Grocer that it has entered into an agreement to purchase Vizio Holding Corp.