WMT - What's Going On With Vizio Stock Tuesday? | Benzinga
VIZIO Holding Corp (NYSE:VZIO) shares are trading lower Tuesday after Walmart (NYSE:WMT) received a request for additional information from the FTC regarding its planned merger with Vizio.
What To Know: In February, Vizio entered into an agreement to be acquired by Walmart for $11.50 per share in cash.
On March 25, Walmart held discussions with the Department of Justice (DOJ) and Federal Trade Commission (FTC) and notified the antitrust agencies that it would voluntarily withdraw and refile reports for the merger in order to give the agencies additional time to review the merger. Walmart then refiled the notification and ...