DOJ Issues Second Request on Fox-Roku Merger, Closing Pushed to H1 2027
ROKU sits 97% above its 52-week low of $78.53.
Summary
The DOJ issued a Second Request on the Fox-Roku merger, extending the HSR waiting period and delaying the expected closing to the first half of 2027.
Key Events · M&A and Partnerships · ROKU
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DOJ Issues Second Request
On September 8, 2026, the DOJ issued a Second Request for additional information and documentary material on the Fox-Roku merger, extending the HSR waiting period until 30 days after both parties substantially comply.
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Closing Timeline Delayed
Roku now expects the Mergers to be consummated by the first half of calendar year 2027, subject to HSR clearance and other customary closing conditions, including stockholder approvals.
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Regulatory Scrutiny Intensifies
The Second Request signals deeper antitrust review of the $25 billion transaction, introducing uncertainty about whether the deal will close on the original terms or at all.
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Stockholder Vote Set for October 14
The definitive proxy statement sets October 14, 2026 for the stockholder vote on the Fox acquisition, with the Joint Proxy Statement/Prospectus mailed to stockholders on or about September 1, 2026.
Analysis · ROKU · Technology
The Department of Justice has issued a Second Request for additional information on the 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 that signals deeper antitrust scrutiny of the $25 billion deal. While the merger agreement itself was announced in June, this filing reveals that the transaction now faces a longer review process, which could delay or complicate the closing. Roku's stock is trading near its 52-week high at $154.60, close to the $160 per share deal price, suggesting the market has largely priced in the acquisition. The Second Request introduces uncertainty about whether the deal will close on the original terms or at all.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 35.3% of the 1324 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.36%. 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, ROKU was trading at $154.60 on NASDAQ in the Technology sector, with a market capitalization of approximately $23.1B. The 52-week trading range was $78.53 to $159.89. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.