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Monday, 10 April 2017

LeEco calls off Vizio acquisition, cites “regulatory headwinds” as cause

We’ve just received word that LeEco has called off its plans to purchase Vizio for $2 billion. Here’s the official statement from LeEco: “LeEco Global Group Ltd. and VIZIO Inc. announced today that the merger agreement to acquire VIZIO will not proceed due to regulatory headwinds. We continue to believe that there is great synergy […]


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