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Posted on: June 15, 2018, 9:21 p.m.
A Connecticut hedge fund is reportedly the new owner of more than 100 medallions that used to belong to the city’s taxi king, Evgeny Freidman. Freidman’s medallions — 139 of them — were sold during an auction Thursday in Queens. Nearly all of them — 131 medallions — went to a stalking horse bidder who offered $170,000 a piece, totaling more than $22 million, before the auction. A second batch of eight medallions that Freidman formerly owned sold for $2 … Full investment news article