Roku: Fox Deal Changes The Narrative (Rating Downgrade) (NASDAQ:ROKU)
· seekingalpha.com
Fox Corporation (FOXA) has agreed to acquire Roku (ROKU) for $22B in enterprise value, valuing ROKU at $160 per share.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions...