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Roku Readying IPO At $1B Valuation

Roku is reportedly readying its public offering. As such, “The Los Gatos, Calif., company recently hired Morgan Stanley, Citigroup Inc. and Allen & Co. as underwriters on the IPO,” The Wall Street Journal reports, citing sources. The streaming-media gadget maker is apparently shooting for a valuation of about $1 billion.

Read the whole story at The Wall Street Journal »

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