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Billionaire investor Steve Cohen finalizes deal to buy New York Mets

From nbcnews.com

Billionaire Steve Cohen reached a deal to buy the New York Mets baseball team on Monday. “I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets,” Cohen said in a statement from the team announcing the deal. It comes after an earlier move to buy the team fell through in February. The sale must still be approved by 23 of the 30 Major League Baseball team owners before it can become official. While Cohen already owns a minority stake in the team, which he acquired in 2012, his legacy is fraught with controversy. Cohen is the founder of SAC Capital Advisors, a hedge ... (full story)

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