Fox Corp. Completes Acquisition of Roku for $22 Billion

Fox Corp. has closed its $22 billion acquisition of Roku, creating a massive new player in streaming. Shares in Roku, which was founded more than two decades ago, will stop trading on the Nasdaq as of Friday.

Fox CEO Lachlan Murdoch earlier this week indicated that regulators outside the U.S. had blessed the merger, and there were reports that the U.S. Department of Justice also was nearing sign-off. But the closing came less than five months after the deal was proposed last June – well ahead of the initially projected window of the first half of 2027.

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