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Netflix Flexes 'M&A Muscle' As Bidding Contests Spook Wall Street - Netflix (NASDAQ:NFLX)
Netflix (NFLX) stock slides 3.47% premarket to $78.83 as Fox outbids the streaming giant in a massive $22 billion takeover battle for Roku.
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thenextweb.com
Fox acquires Roku in a $22bn streaming bet
Fox acquires Roku for $160 a share, valuing it at about $22bn, to pair its live sports and news with the platform in 100 million streaming households.
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cryptobriefing.com
Fox reportedly in talks to acquire Roku for $160 per share in cash and stock deal
Fox is set to buy Roku for $160 per share in a cash and stock deal, reuniting two companies after Roku's stock surged 20% on sale reports.
