U.S. buyout firm Leonard Green & Partners remains keen to acquire warehouse club operator BJ's Wholesale Club Inc
If it gets to mid-January and a sale has not started, there may be difficult conversations, one source close to the situation told the newspaper.
However, BJ's board and management have promised to initiate an auction after the holidays, according to the Post.
Leonard Green has made it clear they have the potential to go hostile with a BJ's bid, a source told the paper.
Last week, Leonard Green offered to buy fabric and crafts company Jo-Ann Stores Inc
BJ's declined to comment to the newspaper. Both BJ's and Leonard Green could not immediately be reached for comment by Reuters outside regular U.S. business hours.
(Reporting by Sakthi Prasad in Bangalore; Editing by David Holmes)