Steve Cohen’s $2.6 billion bid to buy the Mets is on life support — if alive at all.
Sources close to the situation are confirming that the billionaire hedge fund manager is ending negotiations with the Wilpons on his purchase of an 80 percent stake in the franchise. According to those sources, Cohen is deeply unhappy with the Wilpons changing the terms of the deal at a very late stage and has decided to walk away.
When rumors broke that the Cohen deal was dead on Tuesday, the Mets offered a strangely worded non-denial.
“The parties are subject to confidentiality obligations, including a mutual non-disclosure agreement, and therefore cannot comment,” a statement read.