5 Hrs
Source:
Los Angeles Times
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DOJ requests details on $22B Roku deal
The DOJ has requested additional information from Fox Corp. and Roku regarding their $22 billion merger, raising concerns about increased regulatory scrutiny. Despite the companies’ expectation of such requests, some analysts see the move as a sign of possible further investigation, amid broader political tensions involving the Trump administration. The merger aims to combine Fox’s media assets with Roku’s streaming platform, benefiting both companies by expanding their reach and reducing reliance on traditional TV, with completion expected by mid-2027 pending approval.
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