Fox Corp (FOX) Fox Corporation is a prominent media conglomerate primarily focused on news, sports, and entertainment operations within the United States. Its business is structured across three main divisions: Cable Network Programming; Television; and a segment encompassing Other, Corporate, and Eliminations. The Cable Network Programming division is responsible for creating and licensing news, business news, and sports content. This content is then disseminated across the U.S. through both traditional and virtual multi-channel video programming distributors (MVPDs), as well as various other digital platforms. This segment's extensive portfolio includes well-known national cable channels such as FOX News (for general news) and FOX Business (for financial news), multi-sport networks FS1 and FS2, FOX Sports Racing (dedicated to motorsports), FOX Soccer Plus (featuring live soccer and rugby), FOX Deportes (a Spanish-language sports service), and the Big Ten Network. Meanwhile, the Television segment focuses on acquiring, developing, marketing, and distributing diverse programming. It operates The FOX Network, a national broadcast television network renowned for its sports and entertainment programming. Other key assets in this division include Tubi, an advertising-supported video-on-demand (AVOD) service; Fox Alternative Entertainment, a full-service production studio specializing in unscripted and alternative content; MyNetworkTV, a programming distribution service; and Blockchain Creative Labs, which is dedicated to the creation, distribution, and monetization of Web3 content. Additionally, this segment holds ownership and operational control over 29 broadcast television stations. The Other, Corporate and Eliminations segment notably manages the FOX Studios Lot, situated in Los Angeles, California. This comprehensive facility offers a range of production and post-production services, comprising 15 sound stages, two broadcast studios, theaters, screening rooms, editing facilities, and numerous other amenities for television and film production. Fox Corporation was established in 2018 and is headquartered in New York, New York.
Sector: Television Broadcasting Stations
Industry: Entertainment
Mkt Cap $13.1B
Div Yield 0.96%
AH Close $59.46 +0.00% vs close
AH Close $59.46 +0.00% vs close
Mkt Cap $13.1B
Div Yield 0.96%
All Press Release SEC Filings News
Press Release
Roku to Announce Third Quarter 2026 Financial Results on Nov. 2
Roku announced it will release third quarter 2026 financial results after market close on Monday, Nov. 2.
Because of Fox Corporation's pending acquisition of Roku — agreed on June 15, 2026 — Roku will not host an earnings call and will not provide a financial outlook.
For FOX holders this is procedural scheduling news with no new deal terms or financials disclosed.
• 6d ago AI analysis › Press Release ⚠ 1
ADAM CIONGOLI STEPPING DOWN AS CHIEF LEGAL & POLICY OFFICER OF FOX CORPORATION, NICHOLAS TRUTANICH TO BE NAMED GENERAL COUNSEL
Fox Corporation announced that Chief Legal and Policy Officer Adam Ciongoli will step down effective December 1 and will not renew his contract.
Nicholas Trutanich, currently EVP and Principal Deputy General Counsel, will become General Counsel effective December 1, reporting to Lachlan Murdoch. Ciongoli will remain as a special advisor through June 2028.
The transition also moves government relations head Kristopher Jones under President and COO John Nallen, indicating a broader reorganization of the legal and policy functions.
• 6d ago AI analysis › News
Will Fox (FOXA) Beat Estimates Again in Its Next Earnings Report?
zacks.com • 6d ago News
Fox's Roku Deal 'Fundamentally Changes' the Game, Analyst Upgrades Stock to Buy
benzinga.com • 9d ago News
Fox upgraded to Buy at Bank of America as Roku deal boosts growth outlook
proactiveinvestors.com • 9d ago News
Why Fox Can Finally Breathe a Sigh of Relief With Roku Deal-and Why the NFL Can't
barrons.com • 9d ago News
Friday's First Moves: WDC & STX PT Cuts, NFLX New Content Chief, FOXA Double Upgrade
youtube.com • 9d ago SEC Filing ● Major
FOXA: 8-K · proxy statement
Fox Corporation stockholders approved the issuance of Class A common stock needed to complete its acquisition of Roku, with 99.9% of votes cast in favor at an October 14, 2026 special meeting.
Of the 220,248,764 Class B shares outstanding, 197,480,452 were present at the meeting, with 197,363,560 votes for the Stock Issuance Proposal, 71,891 against, and 45,001 abstaining.
The vote clears a key condition to the two-step merger under the June 14, 2026 Merger Agreement, under which Roku will become a wholly owned subsidiary of Fox. Remaining closing conditions include other regulatory and contractual approvals.
SEC 8-K • 11d ago News
All You Need to Know About Fox (FOXA) Rating Upgrade to Buy
zacks.com • 11d ago Press Release
Fox Corporation Executives to Discuss First Quarter Fiscal 2027 Financial Results Via Webcast
Fox Corporation announced it will release first quarter fiscal 2027 results at approximately 8:00 a.m. ET on November 2, 2026.
Executives will host a live audio webcast at 8:30 a.m. ET that morning, with an archive available at investor.foxcorporation.com.
This is a scheduling notice only and contains no financial results or guidance.
• 13d ago AI analysis › News
Fox (FOXA) is a Top-Ranked Growth Stock: Should You Buy?
zacks.com • 17d ago SEC Filing ⚠ 2
FOXA: 8-K · litigation
Fox Corporation filed an 8-K on October 6, 2026 voluntarily supplementing the joint proxy statement/prospectus for its pending acquisition of Roku to moot a Delaware fiduciary-duty lawsuit (Thompson v. Fox Corporation) alleging material omissions in the merger registration statement.
FOX denies the allegations and says no supplemental disclosure was legally required, but added disclosures to avoid delaying the deal; special meetings for both FOX Class B holders and Roku stockholders remain scheduled for October 14, 2026.
The new disclosures reveal FOX is paying Morgan Stanley a $30 million advisory fee ($5 million already paid, $25 million contingent on closing) and estimates $43-50 million in additional financing fees to Morgan Stanley related to the Bridge and Term Loan facilities.
The filing signals the Roku merger remains on track, with the litigation treated as routine deal litigation rather than a threat to closing.
SEC 8-K • 19d ago News
Contrasting News (NASDAQ:NWSA) & FOX (NASDAQ:FOXA)
defenseworld.net • 20d ago News
Why Fox (FOXA) is a Top Value Stock for the Long-Term
zacks.com • 23d ago News
Roku set to clear regulatory hurdles and close Fox deal, says Wedbush
proactiveinvestors.com • 1mo ago News
Lachlan Murdoch Acquires 149,934 Shares of FOX (NASDAQ:FOXA) Stock
defenseworld.net • 1mo ago SEC Filing ⚠ 6
FOXA: DEF 14A · proxy statement
Fox Corporation filed its 2026 proxy statement ahead of the November 4, 2026 virtual annual meeting, where Class B holders will vote on four proposals: electing seven directors, ratifying Ernst & Young for fiscal 2027, an advisory say-on-pay vote, and a stockholder proposal to adopt simple majority voting. Notably, Class A shareholders are invited to attend but cannot vote.
CEO Lachlan Murdoch received total compensation of $31.0 million for fiscal 2026, with his employment extended through June 30, 2030 and his target annual equity award rising to $20 million; 91% of his direct compensation is now at-risk. CFO Steven Tomsic also received an extension to 2030 with a salary increase to $2.0 million effective July 1, 2026.
The proxy recaps a strong fiscal 2026: record revenue and Adjusted EBITDA, roughly $4.2 billion in cash, and approximately $2.3 billion returned to stockholders, alongside the June 2026 announcement of the proposed Roku acquisition. Governance friction persists, as ISS opposed the Compensation Committee in 2025 over the LGC Holdco pledge of 37 million Class B shares, and a supermajority-elimination proposal drew 38% support last year before the Board declined to act on it.
SEC DEF 14A • 1mo ago News
Fox Corporation (FOXA) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
seekingalpha.com • 1mo ago News
Fox Corp. COO John Nallen Says Roku Deal On Track To Close Despite “Entirely Expected” DOJ Scrutiny
deadline.com • 1mo ago News
DOJ Requests Additional Information Regarding Fox, Roku Deal
wsj.com • 1mo ago SEC Filing ⚠ 3
FOXA: 8-K · regulatory action
Fox Corporation disclosed that on September 8, 2026, both Fox and Roku received a Second Request from the U.S. Department of Justice in connection with the DOJ's antitrust review of their pending merger, which was signed on June 14, 2026. Fox characterized the requests as expected.
The Second Request extends the Hart-Scott-Rodino waiting period until 30 days after both companies have substantially complied, unless the DOJ terminates it earlier or the parties agree to an extension. Fox and Roku say they will continue working cooperatively with the DOJ through its review.
Fox still expects the merger to be consummated by the first half of calendar year 2027, subject to HSR clearance and other customary conditions including approvals by Fox and Roku stockholders. The S-4 registration statement was declared effective on September 1, 2026, and the definitive joint proxy statement/prospectus has been mailed to both companies' stockholders.
SEC 8-K • 1mo ago News
US Justice Department widens probe into Fox's Roku deal, Semafor reports
reuters.com • 1mo ago News
Here's Why Fox (FOXA) is a Strong Momentum Stock
zacks.com • 1mo ago SEC Filing ● Critical ⚠ 6
FOXA: 424B3 · acquisition merger
Fox Corporation filed a joint proxy statement/prospectus (Form 424B3, off its Form S-4) for its proposed acquisition of Roku, Inc., setting special shareholder meetings for both companies on October 14, 2026, with an August 27, 2026 record date. The deal cannot close without FOX Class B holder approval of the share issuance and Roku stockholder approval of the merger agreement.
Under the June 14, 2026 merger agreement, each Roku share converts into 0.9693 FOX Class A shares plus $96.00 in cash, an implied value of $162.20 at the unaffected June 11, 2026 price and $161.16 as of August 27, 2026. The exchange ratio is fixed, so the per-share value moves with FOXA.
Closing is expected in the first half of 2027 pending regulatory approvals, with former Roku holders owning about 27% of the combined company and existing FOX holders about 73% — roughly 27% dilution funded partly by planned new senior unsecured debt, including a bridge facility and term loan.
Approval appears well-secured: Murdoch-family entities and FOX insiders control approximately 38.76% of FOX Class B voting shares, while Anthony Wood-affiliated holders control about 54.80% of Roku voting power, already sufficient to approve the Roku proposals.
SEC 424B3 • 1mo ago AI analysis › News
Rupert Murdoch considering re-merger of Fox Corp and News Corp, court documents and video show
reuters.com • 1mo ago Press Release
Fox Corporation President and Chief Operating Officer John Nallen to Participate in Upcoming Goldman Sachs Communacopia + Technology Conference 2026
Fox Corporation announced that President and Chief Operating Officer John Nallen will participate in the upcoming Goldman Sachs Communacopia + Technology Conference 2026.
The presentation is scheduled for Wednesday, September 9 at 4:45pm Eastern Time, with a live and archived webcast available on the company's investor relations website.
• 1mo ago AI analysis › News
Here's Why Fox (FOXA) is a Strong Value Stock
zacks.com • 2mo ago SEC Filing ⚠ 6
FOXA: S-4/A · acquisition merger
Fox Corporation filed Amendment No. 1 to its Form S-4 registration statement on August 21, 2026, advancing its proposed acquisition of Roku, Inc. under the June 14, 2026 merger agreement. The document contains the joint proxy statement/prospectus for virtual special meetings at which FOX Class B holders will vote on the stock issuance and Roku holders will vote on adopting the merger.
Under the deal terms, each Roku share converts into 0.9693 shares of FOX Class A stock plus $96.00 in cash, an implied value of $163.07 per Roku share based on FOXA's August 17, 2026 close, up from $162.20 at the June 11, 2026 unaffected date. After closing, former Roku stockholders are expected to own approximately 27% of FOX common stock, with existing FOX holders retaining about 73%.
Both boards unanimously approved the transaction, and supporting stockholders including Murdoch-family entities (LGC Holdco, Cruden 2) and Anthony Wood have signed voting support agreements. Closing remains subject to both shareholder votes and regulatory approvals, targeted for the first half of 2027, with a termination date of June 14, 2027 extendable to March 14, 2028. FOX plans to fund the cash portion partly with new senior unsecured debt, with a bridge facility and term loan agreement contemplated.
SEC S-4/A • 2mo ago News
Here Are Friday’s Top Wall Street Analyst Research Calls: Cinemark, Digital Realty, Fox Corporation, Krystal Biotech, LTC Properties, Roku, Sandisk, T-Mobile US, Wayfair, and More
247wallst.com • 2mo ago News
Here's Why Fox (FOXA) is a Strong Momentum Stock
zacks.com • 2mo ago Press Release
Tubi Media Group Partners with Gracenote to Unlock Additional Value in Content Discovery and Programmatic CTV Advertising
Tubi Media Group, a division of Fox Corp., renewed its agreement with Gracenote to integrate advanced content discovery and advertising capabilities across Tubi and FOX One.
The partnership leverages Gracenote's human-verified metadata and taxonomy to improve search results and natural language query responses for viewers.
Tubi will also test Gracenote IDs in programmatic bid streams to enhance the relevance of contextual advertising on its platforms.
• 2mo ago AI analysis › News
FOXA Television and Tubi Drive Q4 Earnings as Cable Faces Higher Costs
zacks.com • 2mo ago News
FOXA Q4 Earnings Call Highlights Digital and Ad Momentum
zacks.com • 2mo ago SEC Filing ⚠ 6
FOXA: 8-K/A · acquisition merger
Fox Corporation filed this 8-K/A on August 10, 2026 to amend its June 15, 2026 current report on the pending acquisition of Roku, Inc., adding Roku's historical financial statements and the unaudited pro forma condensed combined financial information required by Item 9.01 of Form 8-K.
Under the June 14, 2026 merger agreement, FOX will pay $96.00 in cash plus 0.9693 FOX Class A shares for each Roku share, for preliminary total merger consideration of $23.2 billion, comprised of $14.6 billion in cash and $8.6 billion in stock (147.6 million new shares valued at $58.23).
Pro forma results for the fiscal year ended June 30, 2026 show combined revenue of $22.0 billion versus $17.1 billion for FOX standalone, but net income attributable to FOX stockholders of $618 million and basic EPS of $1.07 versus $3.91 standalone, reflecting $731 million of incremental intangible amortization, $606 million of pro forma financing interest, and $397 million of expense from modifying Roku equity awards.
The cash portion is funded through a $12 billion bridge commitment (reduced to $11 billion after a $1 billion, 5.5% two-year term loan) with pro forma borrowings of $16.4 billion; FOX expects to replace the bridge with new senior unsecured debt before closing.
SEC 8-K/A • 2mo ago SEC Filing ● Critical ⚠ 4
FOXA: S-4 · acquisition merger
Fox Corporation filed a Form S-4 containing the joint proxy statement/prospectus for its acquisition of Roku under the June 14, 2026 merger agreement. Each Roku share will convert into 0.9693 shares of FOX Class A common stock plus $96.00 in cash, an implied value of $162.20 per Roku share based on FOX's June 11, 2026 close of $68.30.
Post-closing, former Roku stockholders are expected to own approximately 27% of FOX and existing FOX holders approximately 73%. Both boards unanimously approved the transaction, and the S-4 launches virtual special meetings at which FOX Class B holders vote on the stock issuance and Roku holders vote on the merger.
FOX plans to fund the cash portion partly with new debt, including a bridge facility and term loan, and expects to close in the first half of 2027 pending HSR regulatory clearance and both shareholder votes. The outside date is June 14, 2027 (extendable to March 14, 2028), and Roku stock will be delisted from Nasdaq at closing.
SEC S-4 • 2mo ago News
FOXA Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
zacks.com • 2mo ago Press Release ● Major
Roku Releases Second Quarter 2026 Financial Results
businesswire.com • 2mo ago News
Fox advertising, streaming service Tubi get boost from World Cup
cnbc.com • 2mo ago News
Fox (FOXA) Reports Q4 Earnings: What Key Metrics Have to Say
zacks.com • 2mo ago News
Fox (FOXA) Q4 Earnings and Revenues Surpass Estimates
zacks.com • 2mo ago News
Fox Corporation (FOXA) Q4 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago News
Fox won't renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says
cnbc.com • 2mo ago SEC Filing ● Major ⚠ 9
FOXA: 10-K · periodic report
Fox Corporation's fiscal 2026 annual report (year ended June 30, 2026) details the definitive merger agreement signed June 14, 2026 to acquire Roku for $96.00 in cash plus 0.9693 FOX Class A shares per Roku share, with both boards approving unanimously and closing conditioned on shareholder votes plus antitrust and investment-screening clearances.
The company ended fiscal 2026 with approximately $4.2 billion of cash and returned roughly $2.3 billion to shareholders through dividends and buybacks, including a $1.5 billion accelerated share repurchase, while recording a ~$64 million non-cash impairment on FCC licenses at the Television segment.
Cord-cutting persisted across the cable portfolio — FOX News reach fell to 55 million subscribers from 61 million, FS1 to 55 million from 61 million, and FOX Deportes to 7 million from 10 million — while Tubi grew total view time 20% to over 13 billion hours and the FOX One direct-to-consumer service launched in August 2025.
New risk factors flag that the Roku deal will add significant debt, carry termination fees of roughly $866 million (mutual) and $1.2 billion (regulatory failure), and restrict FOX from other acquisitions until closing; the MLB collective bargaining agreement expires in December 2026 and the FIFA World Cup package is the next major sports rights renewal.
SEC 10-K • 2mo ago AI analysis › News
Fox Sales Climb After World Cup Juices Ad Revenue
wsj.com • 2mo ago News
Fox Ad Revenue Surges In June Quarter On World Cup
deadline.com • 2mo ago News
Fox posts upbeat revenue on ad boost from FIFA World Cup
reuters.com • 2mo ago Press Release ● Major
FOX REPORTS FOURTH QUARTER FISCAL 2026 REVENUE OF $4.21 BILLION, NET INCOME OF $696 MILLION, AND ADJUSTED EBITDA OF $1.20 BILLION
Fox reported Q4 revenue of $4.21 billion, up 28% year-over-year, driven primarily by the FIFA World Cup broadcast and growth at Tubi.
Full-year revenue reached a record $17.13 billion with Adjusted EBITDA of $3.91 billion, also a record for the company.
The Board increased the semi-annual dividend to $0.29 per share and the company repurchased $100 million of stock during the quarter, leaving $3.4 billion in authorization remaining.
• 2mo ago AI analysis › News
Why Fox (FOXA) is a Top Value Stock for the Long-Term
zacks.com • 2mo ago News
Ahead of Fox (FOXA) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
zacks.com • 2mo ago News
FOXA Gears Up to Report Q4 Earnings: What's in Store for the Stock?
zacks.com • 2mo ago News
Here's Why Fox (FOXA) is a Strong Growth Stock
zacks.com • 2mo ago News
Should Value Investors Buy Fox (FOXA) Stock?
zacks.com • 2mo ago News
Why Fox (FOXA) is a Top Momentum Stock for the Long-Term
zacks.com • 2mo ago Press Release ● Major
Roku to Announce Second Quarter 2026 Financial Results on August 6
businesswire.com • 3mo ago News
Here's Why Fox (FOXA) is a Strong Value Stock
zacks.com • 3mo ago News
Elizabeth Warren And Other Democratic Lawmakers Warn Of Antitrust Issues With Fox-Roku Merger
deadline.com • 3mo ago Press Release
Fox Corporation Executives to Discuss Fourth Quarter and Full Fiscal Year 2026 Financial Results Via Webcast
Fox Corporation announced it will hold a live audio webcast on August 6, 2026, at 8:30 a.m. ET to discuss its fourth quarter and full fiscal year 2026 financial results.
The financial results are scheduled to be released at 8:00 a.m. ET on the same day, with both the live and archived webcast available on the company's investor relations website.
The company's portfolio includes primary domestic brands such as FOX News Media, FOX Sports, Tubi Media Group, FOX Entertainment, and FOX Television Stations.
• 3mo ago AI analysis › News
Why Fox (FOXA) is a Top Growth Stock for the Long-Term
zacks.com • 3mo ago News
Are Investors Undervaluing Fox (FOXA) Right Now?
zacks.com • 3mo ago News
Wall Street Analysts Believe Fox (FOXA) Could Rally 27.67%: Here's is How to Trade
zacks.com • 3mo ago News
Why Fox is ‘the most Disciplined' Media Entertainment Company in the Streaming Era
youtube.com • 3mo ago News
Why Fox (FOXA) is a Top Value Stock for the Long-Term
zacks.com • 3mo ago SEC Filing ⚠ 5
FOXA: 8-K · debt financing
Fox Corporation entered into a $1.0 billion senior unsecured term loan credit agreement on June 30, 2026, with Morgan Stanley Senior Funding, Inc. as administrative agent, to finance a portion of the cash consideration for its previously announced acquisition of Roku, Inc.
The term loan matures two years after the acquisition is consummated and the facility is funded. Interest is payable at either a Base Rate or Term SOFR plus an applicable margin tied to Fox's senior unsecured debt rating, and the agreement permits Fox to incur up to an additional $1.0 billion in term loans.
The credit agreement requires Fox to maintain an operating income leverage ratio of 4.5 to 1.0, subject to increase for four quarters following material acquisitions. A separate $11.0 billion bridge facility is also referenced as part of the broader acquisition financing package, indicating the total deal financing significantly exceeds the term loan alone.
SEC 8-K • 3mo ago AI analysis › Press Release
Are FSRL, KORE, FOX, NSA Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC is investigating Fox Corporation regarding its proposed merger with Roku Inc., focusing on potential breaches of fiduciary duties or violations of federal securities laws.
Under the terms of the proposed transaction, Fox shareholders are expected to own approximately 73% of the combined company upon closing.
The law firm is soliciting Fox shareholders to contact them to discuss rights and options regarding the deal on a contingent fee basis.
• 4mo ago AI analysis › News
Fox seen posting strong quarter as World Cup boosts advertising
proactiveinvestors.com • 4mo ago News
Murdoch's $23 Billion Bet Could Change Everything for Fox
247wallst.com • 4mo ago News
Why Fox Corp Stock Sank 24.9% This Week
fool.com • 4mo ago News
Why Are Roku Investors No Longer Getting $160 a Share in a Bad Buyout?
fool.com • 4mo ago News
Fox Captures The Living Room With $22B Roku Buy
marketbeat.com • 4mo ago News
How Roku fits into Fox's future – and what investors are missing about the deal
cnbc.com • 4mo ago News
Fox's $22B Roku Deal Expands Streaming Reach and Ad Scale
zacks.com • 4mo ago News
Why Fox-Roku deal is hitting Netflix stock today
invezz.com • 4mo ago News
Fox (FOXA) is a Top-Ranked Value Stock: Should You Buy?
zacks.com • 4mo ago News
Here's Why Fox (FOXA) is Poised for a Turnaround After Losing 16.9% in 4 Weeks
zacks.com • 4mo ago News
SpaceX rally continues, Dow's new record, Fox buys Roku and more in Morning Squawk
cnbc.com • 4mo ago News
Why Fox is betting $22 billion on Roku, and why investors aren't convinced
proactiveinvestors.com • 4mo ago News
Fox to buy streaming pioneer Roku in a $22 billion deal
techxplore.com • 4mo ago News
Fox's Roku Deal Puts Tubi On A Screen Fox Owns
forbes.com • 4mo ago SEC Filing ● Major ⚠ 1
FOXA: 425 · acquisition merger
Fox Corporation filed a Form 425 solicitation material regarding a proposed transaction with Roku, Inc. The filing serves as notice that Fox intends to file a registration statement on Form S-4 to facilitate the deal, which will include a joint proxy statement.
The document states that the transaction is subject to various closing conditions, including regulatory approvals and stockholder consent from both Fox and Roku. Specific financial terms and the precise structure of the merger were not detailed in this exhibit.
Investors were directed to future SEC filings for the joint proxy statement and prospectus, which will contain definitive information. The companies emphasized that no offer of securities shall be made except by means of a prospectus.
SEC 425 • 4mo ago News
How Fox's $22 Billion Deal For Roku Raises The Floor For Its Content, Advertising Revenue & Creator Division
deadline.com • 4mo ago News
Fox is buying Roku in latest streaming TV consolidation deal. Stock prices fall for both companies
fastcompany.com • 4mo ago SEC Filing ● Critical ⚠ 4
FOXA: 8-K · acquisition merger
Fox Corporation has entered into a definitive agreement to acquire Roku, Inc. for approximately $160 per share based on current valuations. Under the terms of the merger, each share of Roku Class A and Class B Common Stock will be converted into the right to receive $96.00 in cash and 0.9693 shares of Fox Class A Common Stock.
Financing for the transaction includes a committed $12 billion 364-day senior unsecured bridge term loan facility from Morgan Stanley Senior Funding, Inc. The merger is supported by voting agreements, with Roku founder Anthony Wood agreeing to vote his approximately 55% stake and the Murdoch family agreeing to vote their approximately 38.7% stake in Fox in favor of the transaction.
Completion of the merger is subject to customary closing conditions, including approval by stockholders of both companies and the expiration of the HSR Act waiting period. The agreement includes a termination fee of $866,084,000, which increases to $1,237,262,000 if the deal fails due to regulatory issues.
SEC 8-K • 4mo ago AI analysis › Press Release
Are ROKU, PAYO, LAB, FOX Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC issued a solicitation notice investigating potential securities law violations related to the proposed merger between Fox Corporation and Roku.
The release encourages shareholders of Fox, Roku, Payoneer, and Standard BioTools to contact the firm to discuss their rights regarding these transactions.
This is a routine plaintiff-firm marketing release soliciting lead plaintiffs; it contains no new disclosures from the issuers themselves.
• 4mo ago AI analysis › News
Roku Is Being Acquired. Here's What Investors Need to Know.
fool.com • 4mo ago News
Fox stock: why investors seem to dislike the $22B Roku deal
invezz.com • 4mo ago News
Fox Will Buy Roku In Deal Worth About $22 Billion
youtube.com • 4mo ago News
Media Mergers Continue: Fox Buys ROKU for $22B
youtube.com • 4mo ago News
Wall Street Lunch: Fox Strikes $22B Deal To Buy Roku
seekingalpha.com • 4mo ago News
Both Sides Of Fox's $22B Roku Acquisition Call It A Streaming Win-Win, But Wall Street Has Questions
deadline.com • 4mo ago News
Fox Corp to acquire Roku in $22B deal
proactiveinvestors.com • 4mo ago News
Fox to Buy Roku for $22B, Creating a Streaming Powerhouse
cnet.com • 4mo ago 7 law-firm class-action alerts 2 fund position changes (13F filings)