Hedge Fund and Insider Trading News: Steve Cohen, Elliott Management, BlueMountain Capital Management, Archegos Capital Management, Square Inc (SQ), Alimentation Couche-Tard Inc (ANCUF), and More
With just hours to go before the first pitch of the 2021 season, Steve Cohen finally made the move that will define the early part of his tenure as New York Mets owner. Cohen, a hedge-fund manager who bought the team for $2.4 billion in November, agreed to give star shortstop Francisco Lindor a 10-year contract extension worth $341 million. The deal, which as of early Thursday morning hadn’t been announced, doesn’t start until 2022, potentially keeping Lindor in Queens for more than a decade.
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