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BARRON'S · GLOBAL ·

Why Fox Stock Is Tumbling After $22 Billion Roku Deal - Barron's

As reported by Barron's
Fox Corp. has agreed to buy streaming technology maker Roku for $160 a share, or an enterprise value of around $22 billion.
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Fox Corp. stock is tumbling following its agreement to acquire streaming technology maker Roku for approximately $22 billion, or $160 per share. This major acquisition has seemingly triggered a negative market response, causing a downturn in Fox's share price. Investors appear…

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