LeEco will not acquire TV maker Vizio as planned

Chinese electronics giant LeEco will not acquire U.S.-based TV maker Vizio as announced, the two companies said today. The deal has been hitting roadblocks according to recent reports, and now it’s officially ended as a result of “regulatory headwinds,” according to LeEco.
The companies are quick to note that this isn’t the end of the relationship between the two. Read More

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