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Story summary
- The DOJ will issue a second request for data from Fox and Roku.
- Roku shares fell about 2% in extended trading after the inquiry.
- The merger would create the third-largest TV-viewing company behind YouTube and Disney.
- Fox CEO Lachlan Murdoch expects to run Fox and Roku separately while selling advertising both.
- Roku investors will receive $96 cash and 0.97 Fox Class A shares per Roku share, valuing Roku at $160.
