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Walmart to Acquire Vizio for $2.3B; Here’s Why This Deal is Significant

February 21, 2024 by Ted Leave a Comment

Walmart is acquiring Vizio

Walmart announced Tuesday that it has agreed to acquire Vizio, the high-value TV maker, for $11.50/share in an all-cash deal worth a total of $2.3 billion. Walmart announced the acquisition as part of its highly positive and optimistic presentation of the retailer’s fourth-quarter earnings. Walmart stock popped on the earnings report, more encouraged by its forward optimism of more growth rather than on the acquisition itself.

But Walmart plans to have this acquisition drive profit growth going forward.

Learn more on Walmart acquiring Vizio, including what is significant about it

[Read more…] about Walmart to Acquire Vizio for $2.3B; Here’s Why This Deal is Significant

Filed Under: Manufacturers, Media, News, Retailers, Strategy Tagged With: advertising, media, Vizio, Walmart

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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