VZIO - Vizio jumps 3% on report Comcast has approached on possible acquisition
- Vizio stock ( NYSE: VZIO ) has jumped 3.2% off a report that Comcast ( CMCSA ) has been eyeing an acquisition of the consumer electronics maker as it considers getting further into building its own smart televisions.
- Comcast ( CMCSA ) has approached Vizio ( VZIO ) about a potential deal, according to Protocol, as well as rival maker TP Vision, which owns the Philips brand in Europe and already makes Comcast's Sky Glass TV for the UK market.
- The NBCUniversal owner had partnered with Hisense in September and has sold two XClass-branded television sets at Walmart, along with the Sky units in the UK.
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Vizio jumps 3% on report Comcast has approached on possible acquisition