PGA works to extend ‘active and productive’ Saudi merger talks
The PGA Tour worked Sunday to extend a deadline into 2024 for finalizing a merger agreement with Saudi Arabian investors, tour commissioner Jay Monahan calling talks "active and productive."The PGA Tour has been negotiating with PIF since June with a stated December 31 deadline on final details of a merger agreement, the announcement of which stunned PGA Tour players and led to players demanding and getting greater input in final approval of the deal.