Fox Buys Roku In A $22B Deal To Rewire Its Streaming Future

Fox Corporation and Roku reached a definitive agreement for Fox to acquire Roku in a cash-and-stock transaction valuing the streaming platform at about $22 billion in enterprise value. Roku shareholders would receive $160 per share, made up of $96 in cash and 0.9693 Fox Class A shares. After the transaction, existing Fox shareholders are expected […] The post Fox Buys Roku In A $22B Deal To Rewire Its Streaming Future appeared first on the deep dive.