Business
Fox–Roku deal clears shareholder vote; regulatory review remains
Preliminary tallies reported by TheWrap show shareholder support for the proposed $22 billion deal. Regulatory review remains pending; closing is expected in the first half of 2027.
By NewsCubby Editorial Desk · Published
Fox and Roku shareholders have backed the proposed acquisition, according to preliminary tallies from their October 14 special meetings reported by Lucas Manfredi of TheWrap. This moves the transaction past a shareholder-vote milestone, but it does not mean the purchase has been completed.
What changes—and what remains pending
Fox announced the transaction in June, valuing it at approximately $22 billion in enterprise value. The latest vote report concerns shareholder approval of that proposed deal. Regulatory approval and other closing conditions still remain.
TheWrap says the full vote counts will be disclosed later in SEC filings. Its report says the companies continue to expect closing in the first half of 2027, subject to the outstanding conditions. That is an expected timetable, not a guaranteed completion date.
Reporting and photograph
This is an original NewsCubby summary of the linked reporting and company announcement, presented as ordinary business and streaming news.
The social photograph shows a Roku XDS and remote photographed by Mattnad on February 13, 2011. It is an illustrative file image, not a current device launch or a photograph of today’s meetings. The photograph and cropped headline adaptation are licensed under CC BY-SA 3.0. The license applies to the image adaptation, not this article text.