Fox Shareholders Overwhelmingly Approve $22B Roku Merger Stock Issuance
FOXA sits 29% above its 52-week low of $48.34.
Summary
Fox Corp's Class B shareholders approved the stock issuance for its $22B Roku acquisition by a 99.9% margin, clearing the final shareholder vote needed to proceed with the merger.
Key Events · M&A and Partnerships · FOXA
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Stock Issuance Proposal Approved
Class B shareholders approved the issuance of Class A common stock for the Roku merger by 99.9% of votes cast (197,363,560 for, 71,891 against, 45,001 abstain).
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Quorum Established
197,480,452 Class B shares were present in person or by proxy, representing a majority of the 220,248,764 outstanding Class B shares entitled to vote.
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Adjournment Proposal Rendered Moot
The adjournment proposal was not voted on because the stock issuance proposal passed with sufficient votes.
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Remaining Merger Conditions
The merger still requires DOJ antitrust clearance (Second Request issued September 9, 2026) and resolution of the stockholder lawsuit disclosed October 6, 2026.
Analysis · FOXA · Technology
Fox's Class B shareholders voted 99.9% in favor of issuing Class A stock to fund the $22 billion Roku acquisition, clearing the final shareholder hurdle for the deal. The vote removes the last major uncertainty before closing, which remains subject to DOJ antitrust review and the pending stockholder lawsuit. With 197.4 million shares voted and only 71,891 against, the approval was effectively unanimous, signaling strong investor support for the transformative merger.
How filings like this one have moved
In the 30 days to Oct 14, 2026, 36.6% of the 951 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.57%. 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 $62.21 on NASDAQ in the Technology sector, with a market capitalization of approximately $24.8B. The 52-week trading range was $48.34 to $76.39. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.