Walmart in talks to buy TV maker Vizio: WSJ

02/14/2024 04:25
Walmart in talks to buy TV maker Vizio: WSJ

Shares Vizio (VZIO) surged late on Tuesday after the Wall Street Journal reported retail giant Walmart (WMT) is in talks to buy the television maker for about $2 billion. The acquisition would give Walmart more opportunity to advertise products to customers and would help counter some of Amazon's (AMZN) recent forays in to the ad space. Yahoo Finance's Julie Hyman and Josh Lipton discuss the report in the video above.  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich

Shares Vizio (VZIO) surged late on Tuesday after the Wall Street Journal reported retail giant Walmart (WMT) is in talks to buy the television maker for about $2 billion. The acquisition would give Walmart more opportunity to advertise products to customers and would help counter some of Amazon's (AMZN) recent forays in to the ad space.

Yahoo Finance's Julie Hyman and Josh Lipton discuss the report in the video above.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Stephanie Mikulich

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