M&A
confidence high
sentiment positive
materiality 1.00
Fox to acquire Roku for $96 cash + 0.9693 Fox shares per share; Roku shareholders to own ~27% of combined company
ROKU, INC
- Each Roku share converts to 0.9693 Fox Class A shares and $96 cash; Roku stockholders will own ~27% of combined entity.
- Anthony Wood and affiliates, holding ~55% of Roku voting power, have agreed to vote in favor of the deal.
- Termination fees: Fox pays Roku $1.237B if deal fails due to antitrust issues; Roku pays Fox $866M if it accepts a superior proposal.
- Transaction expected to close by June 14, 2027, subject to regulatory approvals and stockholder votes.
- Roku's board unanimously approved the merger; Roku common stock will be delisted from Nasdaq upon closing.
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Selected #3 for 2026-06-15.
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