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Fox completes $22B acquisition of streaming giant Roku

Source: nypost.com

M&A & RestructuringMedia & EntertainmentCompany Fundamentals
Fox completes $22B acquisition of streaming giant Roku

Fox Corp said Friday it completed its $22 billion acquisition of Roku. Fox said the deal is intended to bolster its advertising business and expand the online reach of its sports and news programming.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.40

Ticker Sentiment

ROKU0.70

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