Mergers & Acquisitions ·
Fox agrees to acquire Roku for $96 in cash plus 0.9693 shares of Fox stock per share
ROKURoku, Inc
Roku, Inc. entered into a merger agreement with Fox Corporation to be acquired in a transaction involving a combination of cash and stock. Under the terms of the agreement, Roku stockholders will receive $96.00 in cash and 0.9693 shares of Fox Corporation Class A Common Stock for each share of Roku common stock held. The transaction is subject to stockholder and regulatory approvals and is expected to close by June 14, 2027. Roku is a provider of streaming platforms and digital advertising services.