Mmastodon WorldUS Politics first seen 3 d ago, last 3 d ago, peak #11

Fox shareholders approve $22 billion acquisition of Roku

Original: Shareholders approve Fox buying Roku for $22B Investors from both companies backed the cash and stock deal. The merger w

Fox shareholders have approved a $22 billion cash-and-stock deal to buy Roku, with investors from both companies backing the merger. The agreement would combine Fox's sports and news programming with Roku's streaming platform, significantly expanding Fox's reach in the streaming market. The deal still requires approval from US antitrust regulators before it can be completed.

Why now: A major merger between a media giant and a leading streaming platform has drawn attention to the future of TV and regulatory scrutiny.

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Evidence

• Shareholders approve Fox buying Roku for $22B Investors from both companies backed the cash and stock deal. The merger will combine Fox's sports and news content with Roku's streaming platform, though it still needs approval from US antitrust regulators. # USPol https://… · paul@oldfriends.live · 4

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