Chinese giant ends plan to buy TV maker Vizio

Chinese technology conglomerate LeEco abandoned its planned $2 billion acquisition of U.S television maker Vizio because of regulatory issues, and instead is exploring other ways to incorporate LeEco’s content into Vizio’s devices. “The merger agreement to acquire Vizio will not proceed due to regulatory headwinds,” the companies said Monday in an emailed statement. “We continue to believe that there is great synergy between the two companies.” LeEco, the holding group for businesses controlled ...

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