secwatch.observer — SEC 8-K summary
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Issuer:     Fox Corp (FOXA)
CIK:        0001754301
Form:       8-K
Filed at:   2026-06-15T20:15:16+00:00
Accession:  0001193125-26-271101
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754301/000119312526271101/0001193125-26-271101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754301/000119312526271101/d67132d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-271101

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer