Thursday, November 24, 2011

Hedge-Fund Titan Cohen Plans Bid for Dodgers

Wall St Journal reports that hedge-fund titan Steven A. Cohen is planning a bid for the Los Angeles Dodgers, according to three people involved with the bankruptcy sale of the storied baseball team.

In a move that shows how serious Mr. Cohen is about bidding for the team, the billionaire founder of SAC Capital Advisors has been discussing the bid with Steve Greenberg of Allen & Co., the people familiar with the matter said. The veteran investment banker has close ties to the leaders of Major League Baseball….

Find out more at http://online.wsj.com/article/SB10001424052970204630904577056630119259676.html

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