Walt Disney Co.’s possible purchase of the entertainment assets of 21st Century Fox Inc. could mean more time for Robert Iger as Disney’s chief executive.
With the biggest acquisition in his company’s history looming, Mr. Iger’s tenure as 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. The deal could be announced as soon as late next week, people with knowledge of the talks said.
If the deal goes through, it likely wouldn’t close until late 2018. Disney would then spend much of 2019 integrating the two companies’ assets, including cable-television networks, international TV distributors and a film and television studio.
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