SAC Reinsurer to Be Sold as Cohen Retreats

SAC Reinsurer to Be Sold as Cohen Retreats Play

Dec. 10 (Bloomberg) -- Steven A. Cohen, the billionaire founder of SAC Capital Advisors LP, agreed to sell a reinsurer he formed in 2012 after the hedge fund firm reached a $1.8 billion deal to end a criminal investigation. Su Keenan reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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