Fox(US:FOX) Prnewswireยท2025-09-09 00:45Core Viewpoint - Fox Corporation announced a public offering of 16,835,016 shares of its Class B common stock at a price of $54.25 per share, with proceeds going to the Selling Stockholders, not the Company [1][2]. Group 1: Offering Details - The Offering is underwritten by Morgan Stanley, and the Company will not receive any proceeds from it [2]. - The Offering is subject to market conditions, and there is no assurance regarding its completion [2]. - The Offering will be conducted under an effective registration statement and a prospectus filed with the SEC [3]. Group 2: Company Overview - Fox Corporation produces and distributes news, sports, and entertainment content through brands like FOX News Media, FOX Sports, Tubi Media Group, FOX Entertainment, and FOX Television Stations [4]. - The Company aims to leverage its cultural significance and commercial importance to engage audiences and develop consumer relationships [4]. - Fox Corporation has a strong track record in the news, sports, and entertainment sectors, which shapes its strategic investments [4].