00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Fox Corp. will acquire Roku Inc. for $160 a share in a cash-in-stock deal valued at an
00:08enterprise value of about $22 billion, according to Bloomberg. The deal is expected to close in
00:14the first half of 2027 and will combine Fox's sports, news, and entertainment content with
00:20Roku's platform of more than 100 million subscribers. Roku's streaming devices allow
00:25consumers to access apps like Netflix and HBO Max on any television. The company also sells
00:31branded TVs and projectors and operates its own streaming channel. Roku's streaming devices are
00:37used by more than half of all U.S. broadband households. The company generates most of its
00:41revenue from digital advertising and streaming service distribution. Roku's shares rose 20%
00:47to $143.66 on Friday after Bloomberg reported the talks. For all things money, visit Benzinga.com.
00:55There's no entire hotel. We're going to Planet homes out for $1.669 on Friday before we
00:55Enterculo Xelon, you're out of order?
00:55Freedom this time you're not on or слушled and people don't need to spoil it.
00:55The exact same
00:55way there was about two
Comments