Fox Corp. is buying Roku, uniting the media giant with the streaming platform in a deal valued at $22 billion. Fox said Monday that it is acquiring Roku for $160 per share in a cash-and-stock deal. Once combined, the company will be the third-largest in U.S. television by share of viewing, Fox said. The acquisition … Read more
NextEra Energy said Monday it will acquire Dominion Energy in an all-stock deal valued at about $67 billion, combining two major utilities as electricity demand surges from AI and data center growth. The combined company will serve around 10 million utility customers across Florida, Virginia, North Carolina and South Carolina, according to a statement from NextEra … Read more
Nexstar Media will acquire rival broadcast company Tegna for $6.2 billion, according to a joint announcement on Tuesday, another sign of consolidation in an already contracting TV broadcast sector. The transaction, if approved, will bring together two major players in U.S. television, expanding Nexstar’s reach in the U.S. television and local news landscape. Nexstar oversees … Read more