Mergers & Acquisitions ·
Fox Corporation entered into a merger agreement to acquire Roku, Inc. through a two-step merger involving Falcon…
FOXFox Corp
Fox Corporation entered into a merger agreement to acquire Roku, Inc. through a two-step merger involving Falcon Merger Sub 1, Inc. and Falcon Merger Sub 2, LLC. Roku stockholders will receive 0.9693 shares of FOX Class A Common Stock and $96.00 in cash per share of Roku common stock. The transaction includes a $12 billion senior unsecured bridge term loan facility commitment from Morgan Stanley Senior Funding, Inc. Fox Corporation operates in the media and entertainment industry through its various broadcasting and streaming services.