Roku said to be in sale talks, including likely media tie-up, Bloomberg News reports
The Roku company logo is displayed on a building in Austin, Texas, U.S., October 25, 2021. REUTERS/Mike Blake
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
June 12 : Streaming platform Roku is in talks to sell itself, including a possible media tie-up, Bloomberg News reported on Friday, citing people familiar with the matter.
The company, whose shares jumped 22 per cent, has been in discussion with at least one U.S. media company about a potential combination and no final decisions have been made on a potential sale, the report said.
Roku did not immediately respond to a Reuters request for comment. There is no certainty the deliberations will lead to a transaction, according to the report.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
