Fox Stock - Roku takeover announced in $22 billion cash-and-stock deal
18.06.2026 - 19:04:10 | ad-hoc-news.deEdited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 17:00 UTC. Details in the imprint.
Fox (US35137L2043) plans to acquire streaming technology company Roku in a cash-and-stock deal valued at about $22 billion, according to a Financier Worldwide news report summarizing the boards’ approval of the transaction. The offer values Roku at $160 per share and would significantly expand Fox’s streaming footprint.
All news and analysis on Fox stock
Further background on Fox, its dual-class structure and the planned Roku deal can be found in the dedicated company topic area and on the investor-relations site.
Key terms of the Roku deal
According to the Financier Worldwide summary, Fox has agreed to pay roughly $14.6 billion in cash and the remainder in stock to acquire Roku, for a total transaction value of about $22 billion. Roku shareholders are set to receive $96 in cash plus approximately 0.97 Fox Class A share per Roku share, implying $160 per share based on the agreed valuation.
The boards of both companies have unanimously approved the transaction, which is expected to close in the first half of calendar year 2027, subject to regulatory approvals and customary closing conditions. On completion, existing Fox shareholders would own about 73% of the combined company, with Roku shareholders holding the remaining roughly 27%.
Balance-sheet impact and synergies
The planned transaction would add around $8.3 billion in debt to Fox’s balance sheet as part of the financing package, according to the same report. Management expects roughly $400 million in annual cost savings once the integration is completed, driven by technology consolidation, advertising sales efficiencies and overlapping corporate functions.
Those projected cost synergies, if realized, would help offset the additional interest burden and integration costs and could support earnings over the medium term. However, the higher leverage will make Fox more sensitive to interest-rate levels and execution risk around the merger.
Thursday focus on trading levels
Fox Class B shares trade on the Nasdaq under the ticker FOX, while the more liquid Class A shares trade under FOXA. Recent quote data show Fox Corporation Class A around the low-$50 range in pre-market trading, with a last indicated price near $51.52 as of early U.S. hours.
At that level, Fox’s equity valuation reflects investors’ initial assessment of the Roku deal’s strategic fit and balance-sheet impact. Short-term, the share price is likely to react to regulatory headlines and any updated guidance on cost savings or integration plans.
What the company sells
Fox Corporation generates most of its revenue from television and digital media, including the FOX broadcast network, the Fox News Channel, Fox Business, Fox Sports and various regional and digital brands, alongside advertising sales and affiliate fees from distributors.
Where the stock trades today
Fox stock (US35137L2043) trades on the Nasdaq at approximately $51.52 for the Class A line as of 06/18/2026, 11:00 EDT, with the Class B line typically quoted at a modest discount on the same venue.
Key facts on Fox stock
- Company: Fox Corporation Inc.
- ISIN: US35137L2043
- WKN: A2P7XP
- Ticker: FOX (Class B), FOXA (Class A)
- Venue: Nasdaq
- Price (as of 06/18/2026, 11:00 EDT): 51.52 USD (Class A reference)
- Market cap: approximately 15,000,000,000 USD (as of 06/18/2026, based on Class A reference price and latest share count)
- Sector / Industry: Communication Services / Broadcasting & Cable TV
- Index membership: Standard & Poor's 500 index
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
