American TV maker; Irvine-based, public company designing TVs, sound bars, and ad-backed data products.
Fox Corp. has agreed to acquire Roku for about $22 billion in a cash-and-stock deal valuing Roku at $160 per share. The boards of both companies have approved the transaction; the combined company will pair Fox's live news and sports and Tubi with Roku's OS, devices and The Roku Channel, and is expected to close in the first half of 2027.
Retailers have rolled out extended summer discounts this week, with Best Buy, Macy's, Target and others cutting prices on electronics, cosmetics and home goods. The promotions are live through the weekend, affecting brands from Apple to Prada and a wide range of categories.