DOJ Issues Second Request on Fox-Roku Merger, Pushing Expected Close to H1 2027
FOXA sits 33% above its 52-week low of $48.34.
Summary
The DOJ issued a Second Request on the Fox-Roku merger, extending the HSR waiting period and pushing the expected closing to the first half of 2027.
Key Events · M&A and Partnerships · FOXA
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DOJ Issues Second Request
On September 8, 2026, the DOJ issued a Second Request for additional information on the Fox-Roku merger, extending the HSR waiting period until 30 days after both parties substantially comply.
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Closing Timeline Pushed to H1 2027
Fox now expects the Mergers to be consummated by the first half of calendar year 2027, subject to HSR clearance and stockholder approvals.
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Antitrust Scrutiny Intensifies
A Second Request signals deeper DOJ review, which can lead to divestitures, conditions, or a challenge to the $22 billion transaction.
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Stockholder Votes Set for October 14
The definitive proxy was mailed September 1, 2026, with stockholder votes scheduled for October 14, 2026; the Second Request adds uncertainty to the outcome.
Analysis · FOXA · Technology
The Department of Justice has issued a Second Request for information on the $22 billion Fox-Roku merger, extending the HSR waiting period and pushing the expected closing into the first half of 2027. This is a material regulatory development: a Second Request signals deeper antitrust scrutiny, which can lead to divestitures, conditions, or even a challenge. The revised timeline also delays the realization of the deal's strategic and financial benefits, and the stockholder votes set for October 14, 2026 now carry additional uncertainty about whether the deal will close on the originally contemplated terms.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 35.7% of the 1694 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.10%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FOXA was trading at $64.23 on NASDAQ in the Technology sector, with a market capitalization of approximately $25.9B. The 52-week trading range was $48.34 to $76.39. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.