A pair of Manhattan-based law firms helped hedge fund mogul Steven Cohen and Major League Baseball’s New York Mets finally agree on a deal to purchase the team.
Debevoise & Plimpton represented Cohen in the more than $2.4 billion acquisition, which was announced Sept. 15 and is pending MLB approval. The team, owned for more than three decades by real estate investor Fred Wilpon’s Sterling Equities Inc., is currently being advised by Davis Polk & Wardwell.
The deal ends a nine-month quest to find new owners for the Mets, which sit in second-to-last place in the National League East ...