Here's What Fox Buying Roku Means for Disney Investors
Fox plans to combine its live news and sports with Roku's broad distribution capabilities.
Here's What Fox Buying Roku Means for Disney Investors
Overview
On June 15, Roku announced that it had accepted an offer to be acquired by Fox. The deal, using a combination of cash and stock, values Roku at $160 per share. Based on Fox's 10-day volume-weighted average share price as of June 10, this was a $22 billion transaction, expected to close in the first half of 2027.
Walt Disney (NYSE: DIS) has a front-row seat to the drastic changes happening in an industry it has long led. Here's what this acquisition could mean for the House of Mouse and its shareholder base.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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