Previous close | 5.61 |
Open | 5.60 |
Bid | 5.40 |
Ask | 7.90 |
Strike | 5.00 |
Expiry date | 2024-05-17 |
Day's range | 5.60 - 5.61 |
Contract range | N/A |
Volume | |
Open interest | 119 |
IRVINE, Calif., May 01, 2024--VIZIO Unveils Full Suite of New Dolby Atmos Soundbars
U.S. lawmakers have sought for an increased scrutiny from the FTC on many multi-billion dollar deals that might risk higher prices and affect consumers. Walmart had proposed to buy Vizio for $11.50 per share in cash in February, in another bet on the retailer's fast-growing U.S. advertising business, Walmart Connect, and gaining access to Vizio's SmartCast operating system, which streams ad-supported content on its devices.
The U.S. Federal Trade Commission has asked for more information from Vizio and Walmart regarding their proposed $2.3 billion deal, the smart-TV maker said on Tuesday. Walmart had proposed to buy Vizio for $11.50 per share in cash in February, in another bet on the retailer's fast-growing U.S. advertising business, Walmart Connect, and gaining access to Vizio's SmartCast operating system, which streams ad-supported content on its devices. The big-box retailer had said in March it had notified two U.S. antitrust agencies it would withdraw and refile a certain review application for its planned acquisition of Vizio, to give the regulators more time to review the deal.