The purchase of "Le Rêve" is at least the second $100 million-plus acquisition of art by Mr. Cohen in the last two years.
Also on Wednesday, Mr. Cohen and his advisers clarified the timing and amount of Mr. Cohen's purchase of "Le Rêve," a painting by Pablo Picasso that he purchased from the casino magnate Stephen A. Wynn.
More than 200 of the great and the good, including Ségolène Royal, the Socialist Party's candidate in France's recent presidential election, and Jean-Claude Juncker, the prime minister of Luxembourg, signed a petition to decry the prospective purchase of Les Echos, which will celebrate its 100th birthday next year and is something of a national institution.
He pioneered a series of debt-financed takeover deals, culminating in Nomura's audacious £2 billion purchase of hotels group Le Meridien in 2001.
COHEN ON HIS PICASSO | It turns out that Steven A. Cohen's purchase of Picasso's "Le Rêve" from the casino magnate Stephen A. Wynn was completed in early November, before the insider trading case against Mr. Cohen's hedge fund, SAC Capital Advisors, entered a serious phase.
In 2004, the group expanded into media with the purchase of French newspaper Le Figaro, touted as the country's most conservative news outlet.
He told me about the discothèque he likes to go to and I managed to purchase: "Une Baguette, les tomates, les nectarines et les olives aussi".
Still, after several months of work, Rappo arranged the purchase of the Chagall painting "Le Cirque," for six million dollars.
Author of Les Fleurs du mal.
This began in 1967 when, at the great sale of the surviving Diaghilev scenery and costumes, he was instrumental in the purchase of the Picasso backcloth to the ballet Le Train Bleu.
Founded by Jean-Baptiste Le Moyne in 1718 on a big bend in the Mississippi (hence the nickname "Crescent City"), ruled for decades by Spain, it came under American control with the Louisiana Purchase of 1803.
