Billionaire and former hedge fund manager Leon Cooperman has taken a late stake in Manchester United, the football club that’s nearing the end of a yearlong bidding war.
Cooperman reported a position of just under 1 million shares currently valued at $16.8 million, according to a recent filing. With a net worth of $2.6 billion, according to the Bloomberg Billionaires Index, Cooperman is the founder of New York-based Omega Advisors who converted his hedge fund firm into a family office in 2018.
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