Iger, 66, who has already extended his term Disney several times, is now set to retired in 2019.
It is expected that the deal could take about a year to go through the regulatory process.
Disney chief Bob Iger might not be done just yet. After that, Disney meant to keep Iger on as a consultant for three years, for which Iger will receive a quarterly fee of $500,000 for each of the first eight quarters during the consulting period and $250,000 for each of the last four quarters.
Iger has been leading Disney as CEO and chairman since 2005, but recently confirmed a plan to step down in 2019.
Some of the assets that would be acquired in the deal include National Geographic, various sports networks, stakes in Sky and Hulu and of course, Fox's film division.
Fox-owner Rupert Murdoch and his family are favouring a transaction with Disney over Comcast because regulators would be more likely to clear the deal and they would rather be paid in Disney stock, sources told Reuters.
Many Nigerians in Libya don't want to return-FG
The minister stated this on Wednesday while addressing State House correspondents after the Federal Executive Council meeting. He said they were assisted back to Nigeria by the International Organisation for Migration (IOM) and the European Union (EU).
Ford Electric Crossover Production Moving to Mexico
The move comes as Ford and other automakers place increasingly large bets on electrification and self-driving technology. Earlier this year Ford confirmed plans to introduce a fully electric SUV in 2020.
Man wanted for burglarizing two of R. Kelly's homes
After she contacted the police, members of Kelly's organization told officers of another home that Kelly rented in the city. Kelly's items or know the whereabouts of Walker is asked to call Johns Creek Police. " Many televisions.