It was reported that Walt Disney’s (NYSE:DIS) CEO Bob Iger will most likely be extending his tenure past 2019.

This decision is likely so that the integration of Twenty-First Century Fox’s (NASDAQ:FOX) assets with Disney can be properly facilitated.

While Disney is in the lead to acquire the majority of Twenty-First Century Fox’s media empire, Comcast Corp. (NASDAQ:CMCSA) is still in on the negotiations, as far as we know.

Disney has yet to comment on the situation.

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Author Samara Malkin

About the author: Samara graduated from Simon Fraser University with a BA in English, minoring in Publishing and Creative Writing. One day she hopes to publish her very own novel, but in the meantime, she contents herself with blogging and editing. She currently specializes in writing financial news and analysis, as well as cryptocurrency news and information.