politics
Fox buying Roku for $22B
Why this matters: political developments that affect policy direction and public trust.
Fox Corp. announced Monday it is buying streaming company Roku for $22 billion. In a release, Fox said it will pay $96 in cash and 0.9693 shares of its Class A common stock for each Roku Class A and Class B share outstanding. The deal values each Roku share at $160. The deal gives Fox...
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