Steve Cohen’s Talks to Acquire Mets Have Collapsed, NY Post Says

Hedge fund billionaire Steve Cohen is ending talks to buy the New York Mets, the New York Post reported, walking away from a deal that some fans had hoped would give new life to the long-suffering franchise.

Cohen was in advanced negotiations to buy 80% of the Major League Baseball team at a league-record valuation of $2.6 billion. The deal fell through because the current Mets owners changed the terms at a late stage, the newspaper said, citing people with knowledge of the matter.