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Fox to acquire Roku for $22 billion
Bloomberg Tech·
Fox has agreed to acquire streaming platform Roku in a deal valued at approximately $22 billion, including debt. This news has caused Roku's stock to rise while Fox's stock has declined. In other market movements, airline stocks, including United Airlines, are experiencing a significant surge of around 4% in pre-market trading. This optimism in the airline sector appears to be linked to reports of an interim peace deal reached between the U.S. and Iran. Additionally, cryptocurrencies like Bitcoin are trading higher, with Coinbase and Robinhood stocks following suit, reflecting a broader increase in risk appetite.
Tags
acquisition
markets
crypto
Original Source
Bloomberg Tech — bloomberg.com