Fox Completes Roku Acquisition; ROKU Shares Stop Trading on Nasdaq
Fox Corporation has finished its purchase of Roku, forming a bigger streaming and connected TV business. Roku shares stopped trading on Nasdaq today.
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what happened
Fox Corporation said it has completed its acquisition of Roku, Inc., according to a press release distributed via PRNewswire and carried by TradingView. The company says it now ranks among the leading streaming businesses in the United States, bringing together Roku, Tubi and FOX One with its news, sports and local programming.
Roku holders will receive $95.30 in cash plus 0.9799 shares of FOX Class A stock for every share they owned before closing. After the deal, Fox shareholders will hold roughly 74% of the outstanding stock, while former Roku owners will hold about 26%. Roku shares ceased trading on Nasdaq as of November 6, 2026.
Fox expects roughly $400 million in run-rate cost synergies within two years of closing and says the deal should lift free cash flow per share by the second full year after closing. Roku founder Anthony Wood joins the Fox board and co-chairs the new FOX Digital Platforms division with Paul Cheesbrough, who takes the role of co-chair and CEO.
why it matters
Investors will now watch how quickly Fox delivers the promised savings, whether Roku's open platform keeps its content partners, and how free cash flow per share develops. The debt financing was led by Morgan Stanley Senior Funding.
market impact
FOXA and ROKU: Roku shares are delisted, Fox expands its streaming and CTV business
tags
instruments
sources
- FOX CORPORATION COMPLETES ACQUISITION OF ROKU — TradingView, 6 November 2026 at 14:10 UTC
- Fox Corporation Completes Acquisition Of Roku — Reuters, 6 November 2026 at 14:22 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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