(Reuters) – Billionaire hedge fund supervisor Steve Cohen has entered unique negotiations to purchase the New York Mets, CNBC reported on Friday, citing quite a few unnamed sources. Cohen fended off a bid from a consortium led by Alex Rodriguez and singer-producer Jennifer Lopez, and one other by personal fairness billionaires Josh Harris and David Blitzer, CNBC reported right here Cohen, who virtually sealed a deal to purchase an 80% stake within the Main League Baseball staff for round $2.6 billion late in 2019, had not reached a definitive settlement however was anticipated to take action inside days, the report added. Cohen, who already has a 4% stake within the Mets, had ended the sooner talks with house owners, the Wilpon household, in February reportedly attributable to points associated to closing prices. Cohen’s Level72 Asset Administration and the Mets weren’t instantly obtainable for remark. Reporting by Aakriti Bhalla in Bengaluru; modifying by Jane WardellOur Requirements:The Thomson Reuters Belief Rules.
