NEW
YORK, March 18, 2024 /PRNewswire/
-- Nationally recognized shareholder rights firm Julie &
Holleman LLP is investigating the proposed $11.50 per share sale of VIZIO Holding Corp.
(NYSE: VZIO) to retail behemoth Walmart.
For a free, no-risk consultation, please visit
https://julieholleman.com/vizio-holding-corp/, or contact firm
partner Scott Holleman by email at
scott@julieholleman.com.
VIZIO is an American technology company that is driving the
future of televisions through the company's integrated platform of
cutting-edge Smart TVs and powerful operating system. Its largest
shareholder is Chairman and CEO William
Wang, who owns 86% of the company's stock and thus has
voting control over the company.
On February 20, 2024, Agiliti
announced that it had entered into an agreement to be acquired by
Walmart for $11.50 per share in
cash.
Julie & Holleman, whose attorneys have helped secure
hundreds of millions of dollars for shareholders, is concerned
about the inadequate deal price. The $11.50 per share deal price is less than the
$17.50 per share IPO price, and
certain Wall Street analysts established price targets that
exceeded that deal price. Julie & Holleman is also concerned
about conflicts of interest—Mr. Wang will receive a payout worth
hundreds of millions of dollars and still gets to participate in
the company's long-term future, while public shareholders are about
to be cashed out.
Please visit https://julieholleman.com/vizio-holding-corp/ or
contact partner Scott Holleman by
email at scott@julieholleman.com or by telephone at (929) 415-1020
for more information.
Julie & Holleman is a boutique law firm that focuses on
shareholder litigation, including derivative actions, mergers and
acquisitions cases, securities fraud class actions,
and corporate investigations. The firm's attorneys litigate in
state and federal courts across the nation and have helped secure
hundreds of millions of dollars for aggrieved companies and their
shareholders. For more information about the firm, please visit
www.julieholleman.com. This notice may constitute attorney
advertising.
CONTACT INFORMATION
Julie & Holleman LLP
W. Scott Holleman, Esq.
157 East 86th Street
4th Floor
New York, NY 10028
(929) 415-1020
www.julieholleman.com
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SOURCE Julie & Holleman LLP