◆ NeutralFOXFOXAROKU
Shareholder Alert: Ademi LLP investigates whether Roku, Inc. is obtaining a Fair Price for Public Shareholders
GlobeNewswire Inc.·
Ademi LLP is investigating Roku's acquisition by Fox for potential breaches of fiduciary duty. Under the deal, Roku shareholders will receive $96 cash and 0.9693 Fox shares per Roku share, valuing the transaction at $160 per share. The investigation focuses on whether the Roku board is fulfilling its fiduciary duties, citing concerns about insider benefits and restrictive deal terms that limit competing bids.
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