Fox Corp Class B Common Stock Acquisition by Reporting Persons

This Schedule 13D filing reports the acquisition of beneficial ownership of Class B Common Stock of Fox Corporation by Cruden 2, LLC, LGC Holdco, LLC, Michael Roberson, and Lachlan K. Murdoch. The acquisitions occurred through the transfer of shares from the Murdoch Family Trust to LGC Holdco on September 7, 2025, and a privately negotiated transaction on September 10, 2025. The Reporting Persons collectively own approximately 36.2% of the outstanding Class B Shares. The filing also details the purpose of the transactions, which is primarily for investment, and outlines potential future actions, including strategic alternatives and corporate transactions. The filing includes information on the sources of funds, the terms of the transactions, and the legal proceedings related to the Reporting Persons.