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The rumors were true. Walmart is scooping up TV maker Vizio for $2.3 billion in stock — and with it, Vizio's strong advertising and data business. ....
Walmart announced Tuesday it will buy smart television maker Vizio for $2.3 billion, boosting the retail giant's advertising venture as growth slows in its legacy business from the pandemic boom.Walmart announced the deal along with the release of fourth-quarter earnings, in which it reported solid revenues growth of 5.7 percent to $173.4 billion. ....