|
(Reuters) - Major
League Baseball (MLB) said on Friday that the owners of the
Major League Clubs have voted in favor of the sale of the New
York Mets to billionaire hedge fund manager Steve Cohen.
The 64-year-old Cohen, who is a New York native and a lifelong
Mets fan, signed an agreement with Sterling Partners to buy the
New York Mets baseball team in September.
The sale is expected to close within the next 10 days, MLB
tweeted
https://twitter.com/
MLB_PR/status/1322252061522743297 on Friday.
Cohen, who failed to purchase a majority stake last November,
had to outbid former New York Yankee Alex Rodriguez and his pop
star fiance Jennifer Lopez to own the Mets.
An infusion of cash from Cohen could help the Mets become World
Series title contenders. The franchise, which was founded in
1962, has won two titles, the last one coming in 1986.
(Reporting by Akanksha Rana in Bengaluru; Editing by Maju
Samuel)
[© 2020 Thomson Reuters. All rights
reserved.] Copyright 2020 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
 |
|
