Vizio ticks higher amid report Walmart targeting mid-November close Oct. 04, 2024 2:28 PM ET By: Joshua Fineman , SA News Editor [Seeking Alpha]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: Seeking Alpha
Vizio ( VZIO ) and Walmart ( WMT ) were internally targeting an October close, but the timeline has changed, according to a CTFN report on Friday, which two sources familiar with the matter. A necessary filing was delayed about two weeks, extending the expected completion. Walmart ( WMT ) agreed in February to acquire TV maker Vizio ( VZIO for $11.50 per share in cash, which works out to a fully diluted equity value of approximately $2.3 billion. In late April, Vizio and Walmart disclosed that they received a request for more information about the retailer's planned acquisition from the Federal Trade Commission. The second request came as some privacy and antitrust groups have asked regulators to look closely at the transaction. The groups are mainly concerned about Walmart's ( WMT ) purchase of Vizio's advertising network and the associated privacy and data worries connected to the acquisition. In February, Sen. Elizabeth Warren (D-MA) said she wanted regulators to wants regulat
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WMT
Earnings
- 8/15/24 - Beat
WMT
Sec Filings
- 10/3/24 - Form 4
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- WMT's page on the SEC website