Fox reportedly in talks to acquire Roku for $160 per share in cash and stock deal

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Fox Corp is acquiring Roku in a $22 billion deal, paying $160 per share through a combination of cash and Fox Class A common stock. This strategic move aims to enhance Fox's digital footprint and competitive edge in the streaming landscape. The acquisition represents a defining moment for Fox, extending its long-term strategy focused on live news and sports, while transitioning the traditional TV company into a stronger position within the broadband frontier.
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