The Age
·general
·1 hour ago
Lachlan Murdoch leads Fox Corp in $22 billion Roku acquisition
Lachlan Murdoch announced Fox Corp's $22 billion acquisition of Roku on June 16, 2026, marking his first major move since taking charge of the media empire. Investors reacted negatively, causing Fox shares to drop 17 percent, as concerns mounted over the hefty price tag for a company viewed as a traditional tech player.
Summary by OZbrief · The Age
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