VIDEO : Will Ferrell Reportedly Not Pursuing Ronald Reagan Satire, According to Spokesperson

A spokesperson for Will Ferrell has stated that the actor is not pursuing any sort of film development about Ronald Reagan. Contrary to previous reports, a rumor had perpetuated that the SNL alumnus would be seeking to produce and act in a political satire based off of a script that portrayed the former president during his second term in which he began to experience symptoms of Alzheimer's disease, from which he fell victim to in 2004.