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July 11, 2017 11:26 pm GMT
Last summer LeEco announced it intended to purchase the U.S.-based TV maker Vizio for $2 billion. The deal fell through in Marchamid myriad problems surrounding LeEco,including a major cash crunch. Allegedly the deal included a $100 million buyer-termination fee and now Vizio has filed suit in a California court to collect payment. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Niym5U-w2j4/
Vizio files $100M lawsuit against LeEco
Last summer LeEco announced it intended to purchase the U.S.-based TV maker Vizio for $2 billion. The deal fell through in Marchamid myriad problems surrounding LeEco,including a major cash crunch. Allegedly the deal included a $100 million buyer-termination fee and now Vizio has filed suit in a California court to collect payment. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/Niym5U-w2j4/
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