DOJ wants more answers on Fox’s $22B Roku deal
Reported by TechCrunch · techcrunch.com ·
Fox’s $22 billion plan to buy Roku has hit a new hurdle. The Justice Department sent Fox and Roku what’s known as a “second request” on Tuesday, asking the companies to turn over more data and documents as it takes a closer look at the deal. That’s a fairly standard step in a maj
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What to watch: Roku Inc. (ROKU) is involved in M&A activity valued around $22 billion — deal terms and financing structure matter more than the headline here.
Latest session change: $ROKU -1.59%
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