Found May 06, 2009 on Chicago Cubs Online:
According to a report from the Chicago Tribune, the sale of the Chicago Cubs to the Ricketts Family "will not be completed by the owners' meeting" on May 20-21. The Tribune cited unnamed sources familiar with the negotiations. "Despite good intentions on both sides, the transaction will not completed by the owners' meeting, said sources familiar with the negotiations. But a second blown deadline is not an indication that the deal is in trouble, sources said. One person who asked not be identified said the sale is "proceeding slowly but proceeding." Spokesmen for the Ricketts Family and the Tribune Co. declined comment.
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