Fox Corp takes over Roku
Fox Corp has announced its acquisition of the streaming platform Roku for approximately $22 billion, in a deal involving a payment of $96 in cash and 0.9693 of its shares for each Roku share. This gives Fox access to data from over 100 million households worldwide. It is expected that Fox's contribution will control 73% of the merged company following the completion of the deal, which is anticipated to occur during the first half of 2027, subject to shareholder and regulatory approval.
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