Robert Iger likely to extend tenure as Disney CEO past 2019

Media & AdvertisingDow Jones Newswires

Walt Disney Co.'s (NYSE:DIS) possible purchase of the entertainment assets of 21st Century Fox Inc. (NASDAQ:FOXA) could mean more time for Robert Iger as chief executive of Disney.

Continue Reading Below

With the biggest acquisition in his company's history looming, Mr. Iger's tenure as Disney's CEO is likely to be extended yet again, said people close to the entertainment giant.

Disney is in negotiations to acquire assets of 21st Century Fox valued at around $40 billion.

More from FOX Business

The deal that could be announced as soon as late next week, people with knowledge of the talks said.

What do you think?

Click the button below to comment on this article.