VIZIO Holding Corp. (VZIO)
| Previous close | 10.80 |
| Open | 10.53 |
| Bid | 10.62 x 2200 |
| Ask | 10.63 x 4000 |
| Day's range | 10.51 - 10.69 |
| 52-week range | 4.82 - 11.28 |
| Volume | |
| Avg. volume | 3,269,827 |
| Market cap | 2.114B |
| Beta (5Y monthly) | 2.12 |
| PE ratio (TTM) | 76.14 |
| EPS (TTM) | 0.14 |
| Earnings date | 08 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 10.69 |
BloombergWalmart’s Vizio Acquisition to Undergo Full FTC Antitrust Probe
(Bloomberg) -- Walmart Inc.’s deal to buy smart-TV maker Vizio Holding Corp. will undergo an in-depth antitrust review by the Federal Trade Commission, Vizio said Tuesday.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Plunges Most Ever With Trader Exodus Sparking Huge MovesVizi
ReutersUS FTC seeks additional information on Walmart and Vizio's $2.3 billion deal
U.S. lawmakers have sought for an increased scrutiny from the FTC on many multi-billion dollar deals that might risk higher prices and affect consumers. Walmart had proposed to buy Vizio for $11.50 per share in cash in February, in another bet on the retailer's fast-growing U.S. advertising business, Walmart Connect, and gaining access to Vizio's SmartCast operating system, which streams ad-supported content on its devices.
- Reuters
UPDATE 1-US FTC seeks additional information on Walmart and Vizio's $2.3 bln deal
The U.S. Federal Trade Commission has asked for more information from Vizio and Walmart regarding their proposed $2.3 billion deal, the smart-TV maker said on Tuesday. Walmart had proposed to buy Vizio for $11.50 per share in cash in February, in another bet on the retailer's fast-growing U.S. advertising business, Walmart Connect, and gaining access to Vizio's SmartCast operating system, which streams ad-supported content on its devices. The big-box retailer had said in March it had notified two U.S. antitrust agencies it would withdraw and refile a certain review application for its planned acquisition of Vizio, to give the regulators more time to review the deal.
