Justice Department seeks more records on Fox's proposed $22 billion Roku buyout

The short version

• The Department of Justice issued a second request for documents regarding Fox Corp.'s $22 billion proposed acquisition of Roku.[The Hollywood Reporter · Variety]
• The inquiry extends the statutory waiting period under the Hart-Scott-Rodino Act until 30 days after both companies substantially comply.[The Hollywood Reporter]
• Fox stated the inquiry was expected and maintains that the cash-and-stock transaction remains on track to close in early 2027.[The Hollywood Reporter · Variety]

Key facts

• Fox Corp. and Roku received a second request from the U.S. Department of Justice for additional information regarding their $22 billion merger.[The Hollywood Reporter · Variety]
• The request prolongs the Hart-Scott-Rodino Act waiting period until 30 days after both companies substantially comply.[The Hollywood Reporter · Variety]
• The acquisition terms announced in June value Roku at $160 per share, structured as $14.2 billion in cash alongside Fox Class A common stock.[Variety]
• Fox said the regulatory review was expected and that it anticipates closing the deal in the first half of 2027.[The Hollywood Reporter · Variety]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Fox Says DOJ Taking Closer Look at Roku MegadealThe Hollywood Reporter metered
• Fox Says DOJ Requests More Documents in Review of $22 Billion Roku Deal ‘as Expected’Variety metered