Per the Ausiello Report on TVGuide.com:

“OK, this is nuts!

Multiple sources are telling me that CBS is thisclose to sealing a deal to bring Jericho back for at least eight episodes, possibly at mid-season.

My spies caution that this is in no way official, but it certainly sounds like it could be by day’s end. It’s now just a matter of signing the actors to new deals and, according to one insider, finding a new soundstage to house the show’s sets.

To say this would be a huge victory for crazy TV fans everywhere would be the understatement of the frakkin’ millennium.

Developing…”

Source: http://community.tvguide.com/blog-entry/TVGuide-Editors-Blog/…