Fox to acquire Roku in $22 billion deal
CBS News Top ·
Fox Corp. is buying Roku, uniting the media giant with the streaming platform in a deal valued at $22 billion. Fox said Monday that it is acquiring Roku for $160 per share in a cash-and-stock deal. …
Fox Corp. is buying Roku, uniting the media giant with the streaming platform in a deal valued at $22 billion. Fox said Monday that it is acquiring Roku for $160 per share in a cash-and-stock deal. Once combined, the company will be the third-largest in U.S. television by share of viewing, Fox said. The acquisition is expected to be completed in the first half of 2027. — This is a developing story and will be updated.
Original source: CBS News Top