FOX · News · 20260807N
Acquisition / Partnership / Divestiture
Fox Corp · 2026-08-07 · Importance 71 · Surprise 60 · In source text
Fox registered shares for a two-step merger to acquire Roku and make it a wholly owned subsidiary. Roku shareholders would receive 0.9693 shares of Fox Class A common stock plus $96.00 in cash for each Roku share. The proposed consideration values Roku at $162.20 per share based on Fox Class A’s June 11, 2026 closing price. The transaction requires approval from Fox Class B and Roku shareholders and is expected to close in the first half of calendar 2027.
Key facts
- Fox is registering shares to acquire Roku through a two-step merger in a cash-and-stock deal in which Roku shareholders will receive 0.9693 shares of FOX Class A Common Stock and $96.00 in cash per Roku share. source
- The Fox acquisition of Roku 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 Fox-Roku acquisition values the deal at $162.20 per Roku share based on FOX Class A’s June 11, 2026 closing price. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | — | Fox is registering shares to acquire Roku through a two-step merger in a cash-and-stock deal in which Roku shareholders will receive… |
| assets | positive | probable | — | Fox is registering shares to acquire Roku through a two-step merger in a cash-and-stock deal in which Roku shareholders will receive… |