Vizio, one of the biggest TV makers around, almost went public in 2015, when instead the Chinese electronics and entertainment giant LeEco swept in and bought the company for two billion dollars. However, LeEco was less of a stable company than it appeared, and it collapsed shortly thereafter, leaving Vizio in the dust. After a lengthy legal battle, Vizio is ready to try again, planning a 2021 IPO to finally go public.
To read about LeEco’s collapse, check out this article.
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