PGA works to extend ‘active and productive’ Saudi merger talks

January 1, 2024

PUBLISHED : 1 Jan 2024 at 08:45

PGA Tour Commissioner Jay Monahan said in a memo that the tour was working to extend talks on a merger deal with the Saudi Arabian Public Investment Fund beyond a year-end deadline, calling negotiations active and productive.

WASHINGTON – 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 update to players in a memo from…