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#1 07-24-2017 7:20:01 PM

Frank
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From: Bucks, PA
Registered: 02-12-2005
Posts: 2881
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Internet TV company Roku hires banks for 2017 IPO -sources

Internet television company Roku has hired investment banks to lead an initial public offering that could come later this year as it aims for a valuation of more than $1 billion, sources familiar with the matter said. An IPO will test investor's reception to Roku, the brainchild of digital video recorder inventor Anthony Wood that was a pioneer in helping consumers cut the cord from traditional cable.

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