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Walmart Refiles Papers for US Antitrust Review of Vizio Deal [BNN Bloomberg (Canada)]

Walmart Inc. (WMT)  More Company Research Source: BNN Bloomberg
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
designed to give federal authorities more time to decide whether to do an in-depth antitrust review, the companies said Wednesday. Vizio disclosed the move in a regulatory filing. Under the law, mergers valued at more than $119.5 million must notify the Federal Trade Commission and Justice Department and wait 30 days before closing. The agencies can request additional information, lengthening the antitrust review. In some cases, however, companies opt to “pull and refile” their paperwork to give the FTC and DOJ more time on their initial review in the hopes of bypassing the lengthier probe. Walmart said in February that it agreed to buy Vizio for about $2.3 billion. The acquisition is expected to accelerate Walmart's fast-growing advertising business called Walmart Connect, which has been adding more capabilities online and in stores. It would help Walmart and its advertisers reach more shoppers and engage further with them. The Bentonville, Arkansas-based company has been pus [Read more]
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Stockreport

Walmart Refiles Papers for US Antitrust Review of Vizio Deal [BNN Bloomberg (Canada)]

Walmart Inc.  (WMT) 
More Company Research Source: BNN Bloomberg
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
designed to give federal authorities more time to decide whether to do an in-depth antitrust review, the companies said Wednesday. Vizio disclosed the move in a regulatory filing. Under the law, mergers valued at more than $119.5 million must notify the Federal Trade Commission and Justice Department and wait 30 days before closing. The agencies can request additional information, lengthening the antitrust review. In some cases, however, companies opt to “pull and refile” their paperwork to give the FTC and DOJ more time on their initial review in the hopes of bypassing the lengthier probe. Walmart said in February that it agreed to buy Vizio for about $2.3 billion. The acquisition is expected to accelerate Walmart's fast-growing advertising business called Walmart Connect, which has been adding more capabilities online and in stores. It would help Walmart and its advertisers reach more shoppers and engage further with them. The Bentonville, Arkansas-based company has been pus [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
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Price Change
Price Change %
Volume Shares
Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS