Fox Completes Roku Acquisition at $95.30 a Share
MT newswire2026/11/06 14:58Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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10:58 AM EST, 11/06/2026 (MT Newswires) -- Fox (FOXA) said Friday it completed its acquisition of Roku, with each Roku share exchanged for $95.30 in cash and 0.9799 Fox Class A shares, after which Roku's shares ceased trading on Nasdaq. Fox shareholders own about 74% of the combined company and former Roku holders own about 26%, the company said. The deal is expected to generate $400 million in cost savings within two years and boost free cash flow per share by the second full year after closing, Fox said. Roku founder Anthony Wood will join the Fox board, and Paul Cheesbrough will lead the Fox Digital Platforms division, it said. Price: 59.90, Change: -0.09, Percent Change: -0.15
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