FOX Supplements Merger Proxy for Roku Deal; Discloses $30M Morgan Stanley Advisory Fee
· The NYC Memo
Fox Corporation supplemented its September 1, 2026 Joint Proxy Statement/Prospectus regarding the Roku, Inc. merger. The supplement addressed a shareholder lawsuit, detailing a $30 million advisory fee for Morgan Stanley, with $5 million paid at the June 14, 2026 merger agreement and $25 million contingent on consummation.
Morgan Stanley's total estimated fees for financing activities range from $43 million to $50 million.