Walmart (WMT) is in talks to buy smart television maker Vizio (VZIO) for more than $2B, people familiar with the matter told The Wall Street Journal’s Jessica Toonkel and Sarah Nassauer. Walmart, including its Sam’s Club chain, has historically been Vizio’s largest customer and such a deal would give Walmart more places where it can sell ads and pitch shoppers on goods, the report said.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on VZIO:
- TuneIn brings its global radio service to VIZIO smart TVs
- Vizio price target raised to $9 from $8 at Needham
- Anika, Imax among Barrington’s best ideas for 2024
- Vizio price target raised by $1 at Morgan Stanley, here’s why
- Vizio price target raised to $8 from $7 at Morgan Stanley
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue