Billionaire hedge fund manager Steve Cohen is reportedly "finalizing" paperwork to complete his purchase of MLB's New York Mets from majority owner Fred Wilpon, minority owner Saul Katz and their families.
Charles Gasparino of the Fox Business Network reported Wednesday:
Charles GasparinoCohen/@Mets (2 of 2) On notion that @JLo/@AROD have a higher bid, one BBB exec says: "Yeah right, Saul Katz will accept less money because he like Stevie Cohen."
Tim Healey of Newsday added the talks are going "smoothly" with "no obstacles" despite speculation about a renewed push by a group led by former MLB All-Star Alex Rodriguez and his fiancee, singer and actress Jennifer Lopez.