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Roku Inc (NASDAQ:ROKU) remains on track to complete its proposed combination with Fox Corporation in the first half of 2027, according to Wedbush, which reiterated its $155 price target and ‘neutral' rating after meeting with management. The broker said it expects the transaction to overcome potential regulatory hurdles and close within the companies' stated first-half 2027 timeframe.

Fox Corp. President and Chief Operating Officer John Nallen said the company's $22 billion acquisition of Roku is on track to close despite a new request for information from regulators. Speaking at the Goldman Sachs Communacopia conference in San Francisco on Wednesday, Nallen mentioned Fox's regulatory filing earlier in the day noting the U.S.

Fox's $22 billion plan to buy Roku has hit a new hurdle. The Justice Department sent Fox and Roku what's known as a “second request” on Tuesday, asking the companies to turn over more data and documents as it takes a closer look at the deal.

Fox and Roku said they would work cooperatively with the Justice Department, providing the requested additional information and documentary material.

The U.S. ​Justice Department ‌is widening its ​antitrust ​inquiry into Fox's $22 ⁠billion ​deal for ​streaming platform Roku , Semafor ​reported ​on Tuesday, citing ‌people ⁠familiar with the matter.

Maria Bartiromo shot back at reports that she was fired from her roles at Fox News and Fox Business. Fox News said it parted ways with the longtime host of various programming on the cable TV networks without giving a reason.

Rupert Murdoch and his son Lachlan Murdoch are contemplating a recombination of Fox Corp and News ​Corp , uniting a TV company with a widespread news operation and cementing the family's control over a dwindling empire, court ‌documents and video show.

NEW YORK and LOS ANGELES, Aug. 26, 2026 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that President and Chief Operating Officer John Nallen will participate in the Goldman Sachs Communacopia + Technology Conference 2026 on Wednesday, September 9, at approximately 1:45pm (Pacific), 4:45pm (Eastern). A live and archived webcast of the presentation will be available at inves...