Roku Is Being Acquired. Here's What Investors Need to Know.

Fox Corporation has agreed to acquire Roku in a $22 billion cash-and-stock deal valued at $160 per share. The acquisition combines Fox's live news and sports portfolio with Roku's streaming platform, positioning the combined entity as a major player in connected TV. However, both stocks declined on the announcement, with Fox down 16% and Roku down 1%, as investors expressed concerns about Fox taking on $12 billion in new debt and the 34% premium paid for Roku.