Fox to Acquire Roku in $22 Billion Stock-and-Cash Deal

Fox Corporation announced plans to acquire streaming platform Roku. The transaction is valued at approximately $22 billion. The deal combines cash and Fox stock as consideration. Roku shareholders will receive a mix of Fox shares and cash. The acquisition aims to strengthen Fox’s position in the streaming market. It follows a trend of consolidation among media and technology firms. Regulatory approval will be required before the deal can close. Analysts will watch how the combined entity competes with larger rivals.