Wednesday marks the day when the extension of the exclusive negotiation period runs out on Mondadori’s offer to buy the book publishing assets of RCS Media — a process that began back in February. The Italian press is treating it as a done deal, with both sides reportedly having been working hard on finalizing the details. One source says the deal will “close by the deadline barring unforeseen circumstances.” Some accounts expect the closing could slide by a few days, though one account reports that any extension would require specific board approval. Mondadori is thought to be eager to have […]
