Fox Corp just unveiled a $22B deal to acquire connected TV service Roku, considerably boosting its streaming capabilities. The agreement will see Fox acquire Roku for $160 a share through a combination of cash and Fox Class A stock. This gives Roku an enterprise valuation of $22B. Upon closing, Fox shareholders will own about 73% […]
Fox Corp just unveiled a $22B deal to acquire connected TV service Roku, considerably boosting its streaming capabilities. The agreement will see Fox acquire Roku for $160 a share through a combination of cash and Fox Class A stock. This gives Roku an enterprise valuation of $22B. Upon closing, Fox shareholders will own about 73% […]
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