Roku agrees to be acquired by Fox Corporation for 0.9693 Fox shares plus $96 cash per share

Filed June 15, 2026 · Period ending June 14, 2026 · ~2 min read

Key Changes

• high

  Roku shareholders will receive 0.9693 Fox Class A shares plus $96.00 cash for each Roku share, giving them ~27% ownership of the combined company. Roku founder Anthony Wood and affiliates controlling 55% of voting power have agreed to vote for the deal.

  Item 1.01: Merger Agreement verify on EDGAR →
• high

  The merger requires approval from both companies' shareholders and antitrust regulators. Fox will file an S-4 registration statement containing a joint proxy for shareholder votes. Deal must close by June 2027, with possible extensions to March 2028.

  Item 1.01: Closing Conditions verify on EDGAR →
• medium

  Termination fees protect both parties: $866 million if either accepts a superior proposal, or $1.237 billion if Fox fails to obtain regulatory approvals. These substantial fees are designed to ensure deal completion.

  Item 1.01: Termination Provisions verify on EDGAR →