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Fox and Roku shareholders approve $22 billion streaming deal
Fox Corp. won shareholder approval on Wednesday for its $22 billion acquisition of Roku, a move that strengthens the company’s digital advertising business and gives it a broader presence in the growing streaming market.
Shareholders of both companies voted in favor of the acquisition at two separate special meetings held on Wednesday. The final voting results will be disclosed in regulatory filings.
Fox announced the deal in June, agreeing to acquire Roku for $160.00 per share in a transaction that includes about $14.2 billion in cash, with the remainder paid in Fox Class A common stock. The acquisition is expected to close in the first half of 2027, subject to approval from the U.S. Department of Justice and other regulatory authorities.
#CPIWatch #EthereumDropsBelow$2500 #StriveBuys3311BTCFor$280M #OptimismOPRises19.98% #OptimismOPRises19.98%
$XAU
Fox and Roku shareholders approve $22 billion streaming deal
Fox Corp. won shareholder approval on Wednesday for its $22 billion acquisition of Roku, a move that strengthens the company’s digital advertising business and gives it a broader presence in the growing streaming market.
Shareholders of both companies voted in favor of the acquisition at two separate special meetings held on Wednesday. The final voting results will be disclosed in regulatory filings.
Fox announced the deal in June, agreeing to acquire Roku for $160.00 per share in a transaction that includes about $14.2 billion in cash, with the remainder paid in Fox Class A common stock. The acquisition is expected to close in the first half of 2027, subject to approval from the U.S. Department of Justice and other regulatory authorities.
#CPIWatch #EthereumDropsBelow$2500 #StriveBuys3311BTCFor$280M #OptimismOPRises19.98% #OptimismOPRises19.98%