Fox says it obtained a $12B loan for the Roku deal; existing Fox shareholders are expected to own ~73% of the combined company and Roku shareholders ~27% (Lillian Rizzo/CNBC)
Lillian Rizzo / CNBC:
Fox says it obtained a $12B loan for the Roku deal; existing Fox shareholders are expected to own ~73% of the combined company and Roku shareholders ~27% — Fox Corp. has reached an agreement to acquire Roku for roughly $22 billion, marking another chapter in media consolidation …
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Christopher Holloway
Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.
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