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via finance.yahoo.comBusiness & Companies

Fox completes its $22 billion acquisition of Roku

FROM THE WIRE · FINANCE.YAHOO.COM

Fox has completed its $22 billion acquisition of Roku, wrapping up one of the biggest media deals in recent years and giving the company a major boost in the streaming and connected TV space. Announced Friday, the deal brings the streaming company founded in 2002 formally under…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralCompletion of a large media deal changes Roku's position in streaming and connected TV.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Fox has completed its $22 billion acquisition of Roku.
  2. 02Fox says the combined company is the third-largest US television business by viewership.
  3. 03Roku reaches more than 100 million households, an audience Fox expects to help improve advertising.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Roku, Inc.ROKUStock—Stale quoteNeutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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