Roku signed a merger agreement to become a Fox subsidiary and filed required proxy documents, but a DOJ Second Request delays final approval and extends the timeline.
Roku agreed to be bought by Fox in a two-step merger and filed the required proxy and registration documents. The DOJ issued a Second Request, which delays the approval clock and could postpone closing.
Fox agreed to acquire Roku and completed registration and proxy filings, while the DOJ's Second Request delays the waiting-period expiration and closing timing.
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