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DOJ wants more answers on Fox’s $22B Roku deal
Source: TechCrunch
M&A & RestructuringAntitrust & CompetitionRegulation & LegislationMedia & Entertainment
The Justice Department issued Fox and Roku a second request for additional data and documents in its review of Fox's proposed $22 billion acquisition of Roku. The standard but more intensive antitrust-review step could extend the deal timeline and raises incremental regulatory-execution risk for the transaction.
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