Fox Corporation disclosed on September 9 that the U.S. Department of Justice issued a second request for information concerning its proposed acquisition of Roku, Inc., a move that extends the premerger waiting period while regulators seek additional documents and data. Fox said it continues to cooperate with the review and that the expected closing remains in the first half of 2027, according to The Wall Street Journal. Roku reaches more than 100 million households globally and would give Fox an established connected-television platform, advertising technology and direct consumer relationships. The September 9 report did not disclose any proposed DOJ remedies, and the first-half 2027 target remains an expectation rather than a regulatory deadline. Insider Monkey's database showed 60 hedge funds holding Fox Corporation at the end of 2Q2026, up from 43 funds three months earlier, though those filings reflect positions held before the second request was reported.
Fox Corp Class ADOJ issued a second request for information on Fox's proposed Roku acquisition, extending the premerger waiting period and adding regulatory uncertainty.
Roku IncRoku is the acquisition target whose deal now faces a second DOJ information request, delaying the transaction but not necessarily killing it.
