Fox added advisor details after a shareholder sued over alleged missing merger disclosures. Fox denies the claims and says it acted to reduce delay risk, but the filing reports no vote result.
The filing changes the merger paperwork, not the reported deal itself. Fox says it added information to reduce the chance of delay, but the lawsuit still asks a court to stop the vote or merger. Fox denies the claims and says no extra disclosure was required. This filing is a step to address the dispute, not proof the deal is safer or in danger.
Roku's planned merger with Fox still needs shareholder votes, and the lawsuit seeks to stop the votes or deal. Fox added disclosure to reduce delay risk, but the filing reports no vote result or changed terms.
Follow Fox Corporation (FOX) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for FOX