For the second time in the past year, billionaire Steven A. Cohen is in the driver’s seat to acquire a majority stake in the New York Mets.
Mr. Cohen—who saw a previous bid for the team collapse earlier this year—has entered exclusive negotiations with the Wilpon family to purchase the club, a person familiar with the matter said. A Mets spokesman said, “We won’t be giving updates on the timeline or process until we are prepared to make a public announcement.”
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