Market Chatter: Roku Explores Potential Sale, Media Combination

MT Newswires Live

06/13

Roku (ROKU) is in talks for a potential sale and has discussed a combination with at least one US media company, Bloomberg reported Friday, citing people with knowledge of the matter.

No final decision has been made, and there's no guarantee the talks will lead to a deal, the report said.

Roku shares rose 20% in regular Friday trading and were little changed after hours.

Roku did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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