7 outlets·9 reports·over 7h
Fox says it is acquiring Roku in a deal worth around $22B, including debt, giving it access to more than 100M streaming households (Joseph De Avila/Wall Street Journal)
ThinkingNews Desk · how this was written
Fox is acquiring Roku in a deal valued at about $22 billion, including debt. The transaction is financed in part by a $12 billion loan. After the merger, existing Fox shareholders will own roughly 73 percent of the combined company, while Roku shareholders will hold about 27 percent.
Written from all 7 reports below, not from any single one.
How it was reported
- TechMeme·Fox says it is acquiring Roku in a deal worth around $22B, including debt, giving it access to more than 100M streaming households (Joseph De Avila/Wall Street Journal)
- The Verge·Fox is buying Roku
- The Next Web·Fox acquires Roku for $22bn to plant its flag in streaming’s front door
- Engadget·Fox is buying Roku for $22 billion
- Hacker News·Fox to Buy Roku Streaming Service in $22B Deal
- TechMeme·Fox says it obtained a $12B loan for the Roku deal; existing Fox shareholders are expected to own ~73% of the combined company and Roku shareholders ~27% (Lillian Rizzo/CNBC)
- TechCrunch·Fox to acquire Roku in $22 billion deal
- Hacker News·Fox Is Buying Roku
- Ars Technica·Fox’s $22B Roku acquisition aims to expand its reach into smart TVs, advertising
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