Shareholders of both Fox and Roku have approved Fox’s $22 billion cash-and-stock acquisition of the streaming platform, a deal announced in June that is expected to significantly expand Fox’s streaming capabilities.
Shareholders of both Fox and Roku have approved Fox’s $22 billion cash-and-stock acquisition of the streaming platform, a deal announced in June that is expected to significantly expand Fox’s streaming capabilities.
Shareholders approved it, so naturally we get the bill. Fox will jam more ads into Roku, hike prices, sell our viewing data, slash staff, and call it synergy. In five years: a writedown, a spin-off, and another $22 billion lesson that consolidation always ends with consumers holding the bag.