FOXA · News · 20260807N
Roku Acquisition
Fox Corp · 2026-08-07 · Importance 71 · Surprise 60 · In source text
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.
Key facts
- Roku shareholders will receive 0.9693 shares of FOX Class A Common Stock and $96.00 in cash per Roku share. source
- The acquisition requires approval from both FOX Class B and Roku shareholders and is expected to close in the first half of calendar year 2027. source
- The deal values Roku at $162.20 per share based on FOX Class A’s June 11, 2026 closing price. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | — | Roku shareholders will receive 0.9693 shares of FOX Class A Common Stock and $96.00 in cash per Roku share. |
| assets | positive | probable | — | The acquisition requires approval from both FOX Class B and Roku shareholders and is expected to close in the first half of calendar year… |