Steve Cohen in Talks to Buy Majority of Mets From Wilpons - News Summed Up

Steve Cohen in Talks to Buy Majority of Mets From Wilpons


A shy father of seven, Mr. Cohen long ruled his multibillion-dollar hedge fund from a workstation in the middle of a sprawling suburban Connecticut trading floor. Bespectacled and favoring half-zip fleeces, Mr. Cohen has long been known as a workaholic, holding investment meetings on Sunday evenings and personally weighing in on big trades. — not Mr. Cohen personally. After selling off a chunk of his giant art collection for $88 million and changing his Greenwich, Conn., firm’s name to Point72 Asset Management, Mr. Cohen retreated. Mr. Cohen currently owns 8 percent of the team, according to one of the people who spoke to The New York Times on condition of anonymity.


Source: New York Times December 04, 2019 21:32 UTC



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