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Roku shares fall as Fox strikes $22 billion deal to acquire streaming platform

As reported by mint - markets
In a $22 billion deal, Fox Corp will acquire Roku, which will impact the US streaming landscape. The transaction aims to strengthen competitive positioning against major players while enhancing their combined portfolio of ad-supported services catering to changing consumer preferences.
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Fox Corp is set to acquire Roku in a substantial $22 billion deal, poised to significantly impact the US streaming landscape. This transaction aims to bolster competitive positioning against major industry players and enhance their combined portfolio of ad-supported services.…

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