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China’s LeEco drops bid for US TV maker Vizio

To the list of unconsummated Sino-US takeovers, add LeEco’s $2bn deal for US TV maker Vizio.

The Chinese technology company said on Monday that it would not proceed with its previously announced deal to buy California-based Vizio “due to regulatory headwinds”.

Instead the two companies said in a statement that they will now “explore opportunities” to incorporate LeEco’s content into Vizio’s devices.

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