Fox to acquire streaming platform Roku in $22B deal

AI Summary

Fox Corporation has agreed to acquire the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt. This significant transaction reflects consolidation trends in the streaming and media sectors in Turkey and internationally.

Fox Corp. has reached an agreement to acquire the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt, the companies said on Monday....