Disney CEO Bob Iger takes big swing with Fox deal
LOS ANGELES - 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 pre-eminent 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
