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Disney CEO Bob Iger takes big swing with Fox deal [Los Angeles Times (CA)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Disney CEO Bob Iger takes big swing with Fox deal Walt Disney Co. Chief Executive Bob Iger has scaled the mountain. Through a series of sure-footed moves, Iger has worked tirelessly to position Disney as the world’s preeminent entertainment company. Now he is closer to realizing his vision as the Burbank giant late Tuesday finalizes its $71.3-billion purchase of much of Rupert Murdoch’s 21st Century Fox. The acquisition is the boldest — and riskiest — of Iger’s 14-year stewardship of Disney. It’s the culmination of an expansionist strategy that has guided Iger as he has transformed the storied company through a series of takeovers that made Disney the home of “Star Wars,” “Black Panther” and “Incredibles 2.” With the landmark purchase of Fox assets, Disney, already valued at $168 billion, is poised to be an even bigger force in Hollywood . Disney is taking over Fox’s movie and TV production studios and the rights to such valuable properties as “Avatar,” “Ice Age,” “Modern Family” and Show less Read more
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