FOXA · News · 20260806N
Roku Acquisition
Fox Corp · 2026-08-06 · Importance 71 · Surprise 60
FOX agreed to acquire Roku through a two-step merger that would make Roku a wholly owned subsidiary. Roku shareholders will receive $96.00 in cash and 0.9693 shares of FOX Class A common stock per Roku share, implying a transaction value of $162.20 per Roku share based on FOX Class A’s June 11, 2026 closing price. The transaction requires approval from FOX Class B and Roku shareholders. Closing is expected in the first half of calendar 2027, with the deal intended to expand FOX’s streaming and connected-TV capabilities.