Item 8.01. Other Events.
On March 17, 2020, Fox Corporation (the "Company") issued a press release
announcing the entry into an agreement to acquire Tubi, a leading free
ad-supported streaming service, for approximately $440 million in net cash
consideration at closing. The transaction is subject to regulatory approvals and
the satisfaction or waiver of customary closing conditions. The Company will
finance the acquisition principally with the net proceeds from the completed
sale of its stake in Roku, Inc.
A copy of the Company's press release is filed as Exhibit 99.1 hereto and is
incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number Description
99.1 Press release issued by Fox Corporation, dated March 17, 2020.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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