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Fox Shareholders Approve $22B Roku Acquisition, Antitrust Review Pending

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Story summary
  • Fox Corporation shareholders approved the $22 billion acquisition of Roku.
  • Roku shareholders voted overwhelmingly, with nearly 100% supporting the deal.
  • Fox offered $160 per Roku share, using $14.2 billion cash and Class A stock.
  • After closing, Fox shareholders will own about 73% and Roku shareholders 27% of the combined company.
  • The deal, pending U.S. Department of Justice (DOJ) antitrust review, is slated to close in the first half of 2027.