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Fox shares fell 17% after $22 billion Roku deal, TCW letter says

Verifying
  • TCW’s fund highlighted Fox after its Roku acquisition announcement triggered a 17% next-session decline.
  • Fox agreed to acquire Roku for $22 billion through cash and stock transactions.
  • Fox closed at $62.65 on September 30, 2026, with a $26.42 billion market capitalization.
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