Fox to Acquire Roku in $22 Billion Deal

Fox to Acquire Roku in  Billion Deal

Fox is making its biggest bet yet on streaming TV. Fox on Monday announced it had entered an agreement to acquire Roku for a mix of cash and stock. The $160-per-share deal gives Roku an enterprise value of around $22 billion, Fox said. The deal combines Fox’s sports, news, and entertainment content with Roku’s connected-TV … Read more