WALMART TO ACQUIRE VIZIO IN A $2.3 BILLION DEAL

22 February 2024

On February 20th, 2024 Walmart (NYSE: WMT) and VIZIO (NYSE: VZIO) announced they have entered into an agreement for Walmart to acquire VIZIO for $11.50 per share in cash, which reflects a fully diluted equity value of approximately $2.3 billion.

The transaction is subject to regulatory clearance and other closing conditions specified in the merger agreement.

To finance the acquisition, Walmart plans to use cash and/or debt. The transaction is not subject to a financing condition.

Walmart Agrees to Acquire VIZIO HOLDING CORP. to Facilitate Accelerated Growth of Walmart Connect through VIZIO’s SmartCast Operating System


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