Roku’s stock is rallying to a four-year high after agreeing to be bought by Fox in a deal valued at $22 billion.

Fox Corporation announced Monday that it plans to buy the video streaming giant Roku, along with its namesake channel and customer data, for $22 billion

Fox Corp. has agreed to buy the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt. Media reports had surfaced on Friday that Roku

Fox Corp., the parent company of Fox News and the Fox broadcast network, said on Monday that it would acquire the streaming company Roku in a deal worth $22 billion. The cash-and-

The Fox Corporation announced it will be acquiring Roku, best known for its streaming device ecosystem. Subject to approval, Fox will pay about $22 billion for Roku, or $160 per share. "This is a defining moment for Fox and a natural extension of the deliberate and focused strategy we have been executing for nearly a decade,

Fox is making its biggest bet yet on streaming TV. Fox on Monday announced it had entered an agreement to acquire Roku for a mix of cash and stock. The deal gives Roku an enterprise value of around $22 billion,

Fox Corp. is making a dramatic move to expand its streaming footprint, unveiling with plans to buy Roku in a deal that values the streaming platform at $22 billion. Fox announced Monday that it has agreed to acquire Roku for $160.

The deal gives the cable TV-reliant Fox direct access to Roku's large installed base of more than 100 million streaming households.