[BIG TECH]■ STORY TIMELINE
FOX SECURES $12B LOAN FOR $22B ROKU ACQUISITION
Fox Corp. has agreed to acquire streaming platform Roku for approximately $22 billion, with Fox securing a $12 billion loan to fund the deal. The combined company will be controlled 73% by Fox shareholders and 27% by Roku shareholders.
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Lillian Rizzo / CNBC: Fox says it obtained a $12B loan for the ~$22B Roku deal; existing Fox shareholders are expected t…