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Billionaire Steve Cohen agrees to buy the New York Mets | Reuters

Billionaire hedge fund manager Steve Cohen has reached an agreement to buy the New York Mets baseball team from its owners, Sterling Partners said in a statement on Monday.

“I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets,” Cohen said.

A spokesman for Cohen declined to comment beyond the statement. Reporting by Noor Zainab Hussain in Bengaluru and Svea Herbst-Bayliss in Boston; Editing by Arun Koyyur

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