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Roku Said To Be In Possible Merger Talks

Streaming platform Roku is in talks with at least one U.S. media company for a potential sale, sources said, Bloomberg reports. The company has not reached a deal, nor has it commented. Last Friday, Roku’s share price rose by 20% on Friday to $144.14, signaling a market value of $21 billion. The firm’s streaming devices are used "by more than half of all US broadband households," Roku said in a statement earlier this year.

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