Monday, Fox Corporation (FOX) announced an agreement to acquire Roku, Inc. (ROKU) for $160.00 per share in a cash-and-stock deal, valuing the latter at approximately $22 billion in enterprise value. As per the terms of the deal, FOX will pay $96.00 in cash and 0.9693 shares of FOX Class A common stock for each Roku Class A and Class B share outstanding immediately before the effective time of the merger. Following the completion of the transaction, existing FOX shareholders are expected to own approximatel ...