Posted inTV

Fox to Acquire Roku in $22 Billion Cash-and-Stock Deal

Fox Corp. will acquire streaming company Roku in a deal valued at about $22 billion, including debt, the companies announced Monday. Roku will continue operating as an open, partner-friendly platform with no immediate changes for customers, the companies said. The combined entity would become the third-largest player in U.S. television by share of viewing. The […]

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