Roku IncRoku to be acquired at $96 cash and shares, with stock trading above deal value.
Roku, Inc. announced on June 15th that it will be acquired by Fox Corp, with each Roku share receiving $96 in cash and 0.9693 shares of FOXA. RGA Investment Advisors, which first bought Roku in late 2018, disclosed the deal in its second-quarter 2026 investor letter, noting it is likely to hold the FOXA shares upon closing due to enthusiasm around Roku's growth acceleration and revenue synergies. Roku closed at $158.18 per share on August 24, 2026, with a market capitalization of $23.48 billion, a one-month return of 9.92%, and a 65.53% gain over the past 52 weeks.
Roku IncRoku to be acquired at $96 cash and shares, with stock trading above deal value.
Fox Corp Class AFox Corp acquires Roku, expanding its streaming assets and potential synergies.
RGA Investment Advisors holds Roku and may hold FOXA shares post-deal.