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06.11.2020 / 22:44

Steve Cohen completes $2.4 billion purchase of Mets

NEW YORK – Hedge fund manager Steve Cohen completed his $2.4 billion purchase of the New York Mets on Friday, ending the Wilpon family's control of the franchise after 34 mostly frustrating years.Cohen hired former Mets general manager Sandy Alderson as team president in his first move. The sale ended Jeff Wilpon's tenure as chief operating officer.“This is a significant milestone in the history of this storied franchise," Cohen said in a statement .

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