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Is Stevie Cohen Striking Out With The Mets?

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It sure looks that way, according to this New York Post article.

It appears the hedge fund honcho has lost his interest in owning a stake in the embattled National League franchise, which is looking to sell as much as $200 million worth of the team, as owners Fred and Jeff Wilpon look to settle with Irving Picard over the Bernie Madoff Ponzi scheme.

Cohen, who runs SAC Capital Advisors, was thought to be the leading candidate to buy the minority interest in the franchise, but it appears his interest has cooled.

Sterling Equities, which owns the Mets, has gone back to the other bidders who made initial offers, and asked them to resubmit offers for the franchise.

 

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