---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-271101"
form_type: "8-K"
ticker: "FOXA"
cik: "0001754301"
company_name: "Fox Corp"
filed_at: "2026-06-15T20:15:16+00:00"
generated_at: "2026-06-15T20:22:46.317928+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-271101
- form_type: 8-K
- ticker: FOXA
- cik: 0001754301
- company_name: Fox Corp
- filed_at: 2026-06-15T20:15:16+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754301/000119312526271101/0001193125-26-271101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754301/000119312526271101/d67132d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-271101
- JSON: https://secwatch.observer/filing/0001193125-26-271101.json
- Plain text: https://secwatch.observer/filing/0001193125-26-271101.txt

## Key facts
- Material Agreements
  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
  source text: 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”),
  evidence_url: https://www.sec.gov/Archives/edgar/data/1754301/000119312526271101/0001193125-26-271101-index.htm

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