Fox to acquire Roku for 0.9693 Fox shares plus $96 cash per share

Fox Corp

Roku shareholders receive 0.9693 Fox Class A shares plus $96 cash per share; Fox to issue shares worth 40% of total consideration.
Anthony Wood, Roku founder/CEO, with ~55% voting power, signed Voting Agreement to support the deal.
Fox obtained $12B bridge loan commitment from Morgan Stanley for cash portion of consideration.
Fox to add one Roku-designated director to Fox board after closing.
Termination fee of $866M from either side; regulatory termination fee of $1.24B if antitrust approval fails.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Fox Corp entered into Agreement and Plan of Merger with Roku, Inc. (effective 2026-06-14).

Action: entry
Agreement: merger
Counterparty: Roku, Inc.
Effective: 2026-06-14

Exact text from the filing

On June 14, 2026, Fox Corporation, a Delaware corporation (“FOX”), Falcon Merger Sub 1, Inc., a Delaware corporation and wholly owned subsidiary of FOX (“Merger Sub 1”), Falcon Merger Sub 2, LLC, a Delaware limited liability company and wholly owned subsidiary of FOX (“Merger Sub 2” and, together with Merger Sub 1, the “Merger Subs”), and Roku, Inc., a Delaware corporation (“Roku” or the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”),

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Fox Corp filing history →

Source: SEC EDGAR

accession 0001193125-26-271101

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