No 'Date to Share Yet' on Completion of $2 Billion Vizio Acquisition, Says LeEco
LeEco can't predict when its Vizio acquisition will be completed, LeEco spokesman Greg Belloni emailed us Tuesday. LeEco's position remains the same as it was at CES, Belloni said: "The deal review is still in progress, but we don't have…
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a date to share yet.” When LeEco announced July 26 it would pay $2 billion cash to own Vizio as part of its master plan to bring its “ecosystem” of smart TVs, content and cloud services to North America, it said it expected to close the deal in about six months (see 1607260066).