Steve Cohen and the Wilpon family are expected to sign an agreement transferring majority ownership of the New York Mets to the hedge-fund billionaire on Monday, a source told amNewYork Metro on Sunday night.
It’s a major hurdle that is set to be cleared in the 64-year-old’s pursuit of 80% of the MLB club, just seven months after his original bid for the team fell through.
That means if 23 of 29 MLB team owners approve Cohen’s takeover during their scheduled meeting in November, he will assume control of the club immediately then.
A source originally informed amNewYork Metro last week that negotiations between Cohen — valued at $14.6 billion — and the Mets were successful.
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