Roku Issues Supplemental Disclosures on Fox Acquisition Deal

Fox plans to acquire Roku for $22B, keeping Tubi and The Roku Channel separate but merging ad sales. Fox cites distinct user habits for keeping services apart. Deal completion is subject to regulatory and shareholder approvals, expected this year. Viewers and advertisers will see minimal changes post-acquisition.

Roku updated its merger proxy disclosures with Fox, projecting $2.43B cash and -$630M net debt by June 30, 2026. Qatalyst revised DCF assumptions, with standalone UFCF discount rates at 12.5%-18.0% and combined company rates at 9.0%-13.0%. Transaction bonuses are capped at $13M, excluding the CEO.

ROKU, INC (ROKU) filed an SEC Form 8-K — Other Events. Item 8.01 Other Events. As previously announced, on June 14, 2026, Roku, Inc., a Delaware corporation (the “Company” or “Roku”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Fox Corporation, a Delaware corporation (“FOX” or “Parent”), Falcon Merger S

Fox Corporation is acquiring Roku, Inc. in a two-step merger, with a special shareholder meeting scheduled for October 14, 2026. The deal faces a shareholder lawsuit alleging fiduciary breaches, but Fox has supplemented disclosures to mitigate risks. Fox's stock has a Buy rating with an $85 price target, according to recent analyst reports.

Fox Corp. (FOXA) agreed to acquire Roku in a two-step merger, with stockholder meetings set for Oct 14, 2026. A lawsuit alleges disclosure omissions. Fox hired Morgan Stanley for $30M, including $5M paid and $25M contingent. The registration statement is effective Sept 1, 2026.

Fox Corp (FOX) disclosed $30M in advisory fees to Morgan Stanley for its merger with Roku, including $5M paid upon agreement and $25M contingent on completion. Additional financing fees are estimated at $43M to $50M. Stockholder votes are scheduled for October 14, 2026.