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 LeEcoâs content into Vizioâs devices.
âThe merger agreement to acquire Vizio will not proceed due to regulatory headwinds,â the companies said Monday in an emailed statement. âWe continue to believe that there is great synergy between the two companies.â
LeEco, the holding group for businesses controlled ...
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