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Fox says it obtained a $12B loan for the ~$22B Roku deal; existing Fox shareholders are expected to own ~73% of the combined company and Roku shareholders ~27% (Lillian Rizzo/CNBC) from Techmeme RSS feed.
Fox says it obtained a $12B loan for the ~$22B 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 ~$22B 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 …