Roku, Inc. (NasdaqGS:ROKU) acquired Quibi Holdings, LLC on January 8, 2021. The terms of the deal were not disclosed however industry speculation pegs the deal value of significantly less than $100 million, as reported by The Wall Street Journal reports. Roku acquired Quibi's content distribution rights through acquisition of Quibi Holdings. Roku, Inc. (NasdaqGS:ROKU) completed the acquisition of Quibi Holdings, LLC on January 8, 2021. LionTree acted as sole advisor to Quibi on the transaction. Matthew Eisler, Sheri Jeffrey, Niki Tuttle, Mark Weinstein, David London, Mike DeLarco, Carin Carithers, Scott Loughlin, Lea Ann Fowler, Scott Reisch, Julie Roach and Clay James of Hogan Lovells served as legal advisors to Roku, Inc.