Walmart completes $2.3B acquisition of Vizio to help grow its ad business
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Walmart has completed its $2.3 billion acquisition of Vizio to enhance its advertising business. The acquisition faced delays due to federal regulations but is now finalized.
December 03, 2024 | 6:15 pm
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Walmart has successfully acquired Vizio for $2.3 billion, aiming to strengthen its advertising business. The acquisition faced regulatory delays but is now complete.
The acquisition of Vizio by Walmart is a strategic move to enhance its advertising capabilities. This could lead to increased revenue streams from advertising, positively impacting Walmart's financial performance in the short term.
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IMPORTANCE 80
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