Shareholders Approve Fox’s $22 Billion Roku Acquisition

With media M&A in the air, shareholders of both companies have approved Fox’s planned cash and stock acquisition of Roku at special meetings today. The approvals were expected. The deal announced in June – which will turbocharge Fox’s streaming capabilities – calls for the…

In an expected development, shareholders for both Fox Corp. and Roku voted to approve Fox’s $22 billion acquisition of the streaming-video platform company. At separate special meetings of shareholders Wednesday to vote on the deal, the majority of shares owned by Fox Corp. and…