Business & Finance
Roku said to be in sale talks, including likely media tie-up, Bloomberg News reports
Key Points
Roku said to be in sale talks, including likely media tie-up, Bloomberg News reports June 12 : Streaming platform Roku is in talks to sell itself, including a possible media tie-up, Bloomberg News reported on Friday, citing people familiar with the matter. The company, whose shares jumped 22 per cent, has been in discussion with at least one U.S. media company about a potential combination and no final decisions have been made on a potential sale, the report said.
Roku said to be in sale talks, including likely media tie-up, Bloomberg News reports
June 12 : Streaming platform Roku is in talks to sell itself, including a possible media tie-up, Bloomberg News reported on Friday, citing people familiar with the matter.
The company, whose shares jumped 22 per cent, has been in discussion with at least one U.S. media company about a potential combination and no final decisions have been made on a potential sale, the report said.
Roku did not immediately respond to a Reuters request for comment. There is no certainty the deliberations will lead to a transaction, according to the report.