Fox Corp. shareholders have approved the $22 billion equity acquisition of Roku, a deal that is expected to close by mid-2027, MediaPlayNews reports. The merger will combine Fox assets,
including live news, sports and Tubi streaming with the software and devices offered by Roku, along with The Roku Channel. Upon closing, Fox shareholders will own 73% of the entity and Roku
shareholders will own 27%.
Read the whole story at MediaPlayNews »