---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-270285"
form_type: "8-K"
ticker: "FOXA"
cik: "0001754301"
company_name: "Fox Corp"
filed_at: "2026-06-15T11:13:08+00:00"
generated_at: "2026-06-15T11:15:23.444682+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Fox to acquire Roku for $160/share, ~$22B enterprise value, close expected H1 2027

## Summary
- Transaction values Roku at $160 per share ($96 cash + 0.9693 FOX shares), with total enterprise value of ~$22B.
- Upon close, Fox shareholders expected to own ~73% of combined company; Roku shareholders ~27%.
- Expected to generate ~$400M run-rate cost synergies; accretive to free cash flow per share by second full year post-close.
- Fox obtained $12B fully committed bridge financing from Morgan Stanley; target pro forma net leverage ~2.8x.
- Roku founder/CEO Anthony Wood will have ongoing role and join Fox board; deal unanimously approved by both boards.

## SEC filing metadata
- accession: 0001193125-26-270285
- form_type: 8-K
- ticker: FOXA
- cik: 0001754301
- company_name: Fox Corp
- filed_at: 2026-06-15T11:13:08+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754301/000119312526270285/0001193125-26-270285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754301/000119312526270285/d151410d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-270285
- JSON: https://secwatch.observer/filing/0001193125-26-270285.json
- Plain text: https://secwatch.observer/filing/0001193125-26-270285.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.