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Roku +4.7%; Fox to maintain stake after Disney deal

Dec. 14, 2017 9:07 AM ETRoku, Inc. (ROKU) StockROKUBy: Jason Aycock, SA News Editor16 Comments
  • Roku (NASDAQ:ROKU) is up 4.7% premarket following word that key shareholder Fox will keep its equity investment in the spin-off company despite selling other media assets to Walt Disney.
  • That retains a key foothold in streaming media despite Fox's selling its stake in Hulu to Disney.
  • Fox is also joined as a key investor in closely held Roku by Fidelity and Viacom.

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