Fox Buys Roku In $22 Billion Deal To Build "Next-Gen Media" Giant

Fox agreed to acquire Roku for $160 per share in a cash-and-stock deal, valuing Roku at around $22 billion. The deal marks a major push by Fox into connected TV, streaming advertising, and direct-to-consumer distribution.

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.