Why Walmart is buying smart-TV maker Vizio
Walmart announced Tuesday it is buying smart-TV maker Vizio in a $2.3 billion acquisition aimed at boosting the retailer's growing advertising business.
Walmart to acquire Vizio for $2.3B, sales outlook, dividend lift shares
Walmart proposed to buy Vizio for $11.50 per share, a premium of 47% to the company's closing price of $7.82 as of Feb. 12, the day before reports about deal talks emerged.