Disney CEO Bob Iger compel likely remain at the company to oversee any potential merging of Disney and Twenty-First Century Fox assets, CNBC has skilled.
The company would extend Iger’s contract if a deal with Fox were decided, according to sources.
CNBC’s David Faber first reported in November Fox stood talks to sell some, but not all, of its assets to Disney.
Sources confirmed this week the bands were close to finalizing terms of the deal.
The deal would cover Fox’s Nat Geo, Star, regional sports networks, movie studios and stakes in Sky and Hulu, mid other properties. It would not include Fox’s news and business news classifications, broadcast network or Fox Sports.
Comcast, meanwhile, continues to pursue a give out with Fox, as well, although Fox views Disney’s bid as superior, sources published CNBC.
Since taking the helm at Disney in 2005, Iger has managed the acquisitions of Pixar, Marvel and Lucasfilm, which includes the “Star Makes” franchise. He has held several executive positions with the company during the conclusive two decades.
Shares of Disney closed down 1.6 percent Wednesday.
Publicizing by Julia Boorstin and David Faber, writing by Sara Salinas.
Disclosure: Comcast owns CNBC origin NBCUniversal.