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LeEco’s $2 billion acquisition of Vizio has officially been called off

LeEco’s $2 billion acquisition of Vizio has officially been called off Last year, LeEco — also known as the “Netflix of China” — announced it planned to acquire American TV manufacturer Vizio in a $2 billion deal.Since the initial announcement, the deal has run into trouble with Chinese regulators and now the companies announced that “regulatory headwinds” have caused them to cancel the deal.