DOJ Nearing Approval of Fox's $22 Billion Acquisition of Roku
Key Facts
The U.S. Department of Justice is nearing approval of Fox Corporation's $22 billion acquisition of Roku. Benzinga reported that the clearance may be granted under a consent decree that would impose specific conditions on the transaction. The move follows the final stages of a domestic antitrust review.
ROKU closed at $155.52 on November 2, 2026, while FOXA closed at $62.76 on the same date. Fox has indicated that it expects the deal to be consummated by the first half of 2027, noting that all necessary foreign regulatory approvals have already been secured.
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Update: Roku reported strong third-quarter financial results on November 3, 2026. The robust earnings performance bolsters the strategic case for Fox's $22 billion acquisition as the deal awaits final regulatory clearance.