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00:02The U.S. Department of Justice is widening its antitrust inquiry into Fox's $22 billion
00:08deal to acquire Roku, according to Reuters.
00:11The DOJ plans to issue a second request seeking additional data and documents from the companies.
00:17Fox announced the $160 per share cash and stock deal in June.
00:22The combination would unite Fox's broadcast and sports operations with Roku's streaming
00:27platform, which reaches more than 100 million households.
00:30The combined company would become the third-largest player in TV viewing behind YouTube and Disney
00:36and ahead of Netflix.
00:38Roku shares fell about 2% in extended trading on Tuesday following the report.
00:43Reuters could not independently verify the report, and the DOJ, Fox, and Roku did not
00:48immediately comment.
00:50For all things money, visit Benzinga.com.
