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Fox's $22 billion acquisition of Roku expected to pass US antitrust review

Investing.com +1 · ·by G4L

ROKU
ROKU Roku Inc
$160.52 0.00%
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FOXA FOXA -0.47%FOX FOX -0.43%
  1. 1Fox's $22 billion proposal to acquire Roku is expected to pass review by the US Department of Justice.
  2. 2The deal underwent enhanced antitrust scrutiny due to pressure from Chris Luddy.
  3. 3CEO Lachlan Murdoch expects the two businesses to operate separately while allowing advertising to be sold on both platforms.

So what's the key point?

Fox's plan to buy Roku for $22 billion is expected to pass US government review. Although the deal underwent strict scrutiny, it appears likely to be completed successfully.

Source Investing.com +1 · View original ↗

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Fox completes $22 billion acquisition of Roku TechCrunch +1 · 3d agoRoku Q3 Earnings Beat Estimates · Pursuing Acquisition of Fox Corporation Investing.com +1 · Nov 3Fox Corporation records $4.6 billion in Q1 revenue while pursuing Roku acquisition The Motley Fool +1 · Nov 3
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