Fox completes $22 billion Roku deal to expand digital reach
ROKU•Fox Corp completed its $22 billion cash-and-stock acquisition of Roku, gaining access to more than 100 million households using Roku’s platform.
1. Acquisition completed
Fox Corp completed its $22 billion acquisition of Roku on Friday. Announced in June, the cash-and-stock deal gives Fox access to more than 100 million households using Roku’s platform, potentially helping it build a larger digital audience and better target ads.
