DOJ issues second request to Fox and Roku over $22B acquisition deal
Fox's proposed $22 billion acquisition of Roku has encountered a regulatory obstacle. The U.S. Department of Justice issued a 'second request' to both companies on Tuesday, demanding additional data and documents for a deeper antitrust review. This type of request is a standard procedural step taken by regulators when scrutinizing large mergers. The move signals that the DOJ intends to examine the deal more closely before reaching a decision on whether to approve or challenge it.
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