Report: Walmart pauses Vizio purchase — ChainStoreAge.com

By 8th & Walton | on March 31, 2024

There are reports that Walmart has paused its acquisition of Vizio:

“The discounter initially announced it would purchase Vizio for $11.50 per share in cash, in a deal valued at approximately $2.3 billion, on Feb. 20, 2024. Now, Reuters reports that following “informal discussions” with federal regulators from the Federal Trade Commission (FTC) and the Department of Justice (DOJ), Walmart withdrew what is known as a Hart-Scott-Rodino notification on Wednesday, March 27 and plans to refile it on Friday, March 29.“

8th & Walton can help you improve your relationship with Walmart. Contact us today to schedule a free consultation.

About the Author

8th & Walton consists of retail industry experts with a combined 200+ years of Walmart and Walmart supplier experience. Having helped hundreds of CPG companies in their efforts to be better supplier partners to the world's most influential retailer, the 8th & Walton editorial team prides itself on being a go-to resource for Walmart supplier news and insights.

Related Content

The importance of Walmart’s FYE calendar — 3-Minute Insights

SNAP cuts & supplier strategies — 3-Minute Insights

Walmart + Avery Dennison scan for RFID success! — 3-Minute Insights