
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 …

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 …
Source: TechMeme
Source Link: https://www.techmeme.com/260615/p17#a260615p17