04/25/2010 05:12 am ET Updated May 25, 2011

Walmart Buys Vudu Online Video Service For Over $100 Million

As I wrote in January, Walmart is indeed interested in buying Vudu, the online movie service. I was off about one thing, though--the price.

Walmart (WMT) will be paying more than $100 million for the service, people familiar with the deal tell me.

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