Vizio, LeEco Call Off $2 Billion Acquisition Deal
socalTECH
APRIL 10, 2017
Irvine-based Vizio and Chinese electronics giant LeEco have called off the $2 billion acquisition of Vizio by LeEco, citing "regulatory headwinds". The two had reached an agreement in July of 2016 for LeEco to buy Vizio, a move which would have made Vizio founder William Wang a billionaire. READ MORE>>.
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