{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-451888","form_type":"8-K","ticker":"FOXA","cik":"0001754301","company_name":"Fox Corp","filed_at":"2026-11-06T21:21:54+00:00","discovered_at":"2026-11-06T21:23:00.253281+00:00","generated_at":"2026-11-06T21:23:04.892256+00:00","sec_items":["1.01","2.01","2.03","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.92,"calibrated_materiality_score":0.92,"confidence":"high","headline":"FOX closes Roku acquisition; Roku holders get $95.30 cash plus 0.9799 FOXA, ~$14.1B cash paid","bullets":["Roku stockholders received $95.30 in cash and 0.9799 shares of FOX Class A stock per share; FOX issued ~144.5 million shares and paid ~$14.1 billion in cash.","FOX funded the deal with $2.0B under an upsized term loan (raised from $1.0B) and $8.4B under a 364-day bridge facility, both agented by Morgan Stanley.","Also signed a new $1.5B five-year unsecured revolver (upsizable to $2.25B) maturing Nov. 6, 2031; ~$29M of letters of credit issued, no borrowings drawn.","FOX expects ~$400 million of run-rate cost synergies within two years and free-cash-flow-per-share accretion by the second full year after close.","Roku founder Anthony Wood joins FOX's board (expanded to eight directors) and serves as Co-Chair FOX Digital Platforms with Paul Cheesbrough as Co-Chair and CEO."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-451888","json":"https://secwatch.observer/filing/0001193125-26-451888.json","markdown":"https://secwatch.observer/filing/0001193125-26-451888.md","text":"https://secwatch.observer/filing/0001193125-26-451888.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1754301/000119312526451888/0001193125-26-451888-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1754301/000119312526451888/d141597d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-06T21:23:04.892256+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}