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For whatever reason, Disney turned down FDG and they never got the DuckTales license.
I think that "reason" is that Disney has always had a hard time seeing past the idea that games are only good for promoting their up-and-coming movies. They don't often enough allow the games to exist for their own sake. And I'd guess promoting what is probably one of their best current Disney Channel shows was not a good enough reason for them to incur the small amount of risk they incur by farming out a property for a 2D game.
My only other theory is that there may be some licensing problems with the project. Maybe they didn't feel like hashing the rights out with Sega over the Quackshot property.
No matter what the reason, it's a real shame. Looks like it would have been a terrific game.