DOJ Seeks Additional Information on Fox's $22 Billion Roku Acquisition
Source Summary
The Justice Department issued a second request to Fox and Roku on Tuesday, requiring the companies to submit additional data and documents for antitrust review of the proposed $22 billion acquisition. A second request is a standard procedural step in the DOJ's examination of major deals.
Why it matters
The second request extends the regulatory review timeline and indicates the DOJ is conducting a deeper examination of potential competitive concerns with the deal.
