Fox Corporation to Acquire Roku for $22 Billion in Cash and Stock Deal
ROKU sits 92% above its 52-week low of $73.91 on elevated volume (8.8× avg).
Summary
Roku has agreed to be acquired by Fox Corporation for $22 billion, with shareholders receiving $160.00 per share in a cash and stock deal, representing a significant premium.
Key Events · M&A and Partnerships · ROKU
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Acquisition by Fox Corporation
Roku has entered into a definitive agreement to be acquired by Fox Corporation for approximately $22 billion.
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Per-Share Consideration
Roku shareholders will receive $160.00 per share, consisting of $96.00 in cash and 0.9693 shares of Fox Corporation Class A common stock.
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Substantial Premium
The $160.00 per share purchase price represents a 34% premium to Roku's unaffected share price and a 21% premium to its unaffected 52-week high.
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Combined Company Ownership
Roku shareholders are expected to own approximately 27% of the combined entity, offering continued participation in future growth.
Analysis · ROKU · Technology
This 425 filing communicates the definitive agreement for Fox Corporation to acquire Roku for $22 billion, offering Roku shareholders $160.00 per share in cash and stock. This price represents a substantial 34% premium over Roku's unaffected share price and a 21% premium over its 52-week high, fundamentally altering the company's future and providing a significant return for shareholders. The transaction is subject to shareholder and regulatory approvals, with an expected close in the first half of 2027.
At the time of this filing, ROKU was trading at $141.56 on NASDAQ in the Technology sector, with a market capitalization of approximately $20.8B. The 52-week trading range was $73.91 to $148.88. This filing was assessed with positive market sentiment and an importance score of 10 out of 10.