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The DOJ is checking Fox's $22 billion deal to buy Roku because of worries about competition with Tubi.

DealRead the original at benzinga.com
Bad for FOXA

The DOJ said it will widen its antitrust review and seek more documents on Fox's $22B Roku deal, which threatens the deal timeline and completion.

FOXA · Fox Corporation

AI read · Bad for FOXA

The AI's read

The Justice Department says it will widen its antitrust inquiry and issue a second request on Fox's $22B Roku deal. That raises meaningful risk to Fox's ability to complete and integrate the deal.

ROKU · Roku Inc.

AI read · Bad for ROKU

The connection

Rivals told reporters that Roku’s ad-supported channel could compete with Tubi, and the DOJ probe increases the chance the transaction faces barriers.

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