LeEco will not acquire TV maker Vizio as planned

 Chinese electronics giant LeEco will not acquires U.S.-based TV maker Vizio as announced, the two companies said today. The deal has been hitting roadblocks according to recent reports, and now it’s officially ended as a result of “regulatory headwinds,” according to LeEco. The companies are quick to note that this isn’t the end of the relationship between the two. Read More


from TechCrunch http://ift.tt/2nVjoyc
via IFTTT