McCormick Media extends deadline to pay $209M for Tronc shares

The deadline for McCormick Media to pay about $209 million to buy a 25.7 percent piece of Tronc held by former chairman Michael Ferro’s Merrick Ventures expired on May 15 — but sources say they agreed to an extension, which they believe to be for another 10 days.
— Read on nypost.com/2018/05/15/mccormick-media-extends-deadline-to-pay-209m-for-tronc-shares/