Roku shares fall as Fox strikes $22 billion deal to acquire streaming platform (opens original article in a new tab)

Roku shares declined following Fox Corp's $22 billion acquisition announcement, which will merge Fox's content with Roku's platform, creating a major TV and streaming entity.

• Roku shares fell 2.5% after Fox Corp announced a $22 billion acquisition deal
• The deal combines Fox's content with Roku's platform, creating the third-largest US TV market player
• Fox will pay $96 cash and 0.9693 shares for each Roku share, with closure expected in 2027