Paul Allen, billionaire hedge fund manager, will buy yacht, octopus yacht

Paul Allen’s company is planning to buy a yacht and an octopus boat.

| POLITICO Playbook coverage Paul Allen plans to buy yacht and octopus vessel after octopus deal The billionaire investor plans to purchase a yacht, a boat and an “octopus” vessel, the company said Friday in a statement.

| The Hill playbook coverage Allen’s investment firm plans to invest $1.6 billion in octopus company, the Wall Street Journal reported Thursday.

| Playbook cover story Paul Allen wants to buy octopus ship in a deal The Wall Street J. News first reported the sale.

|The Hill cover story Allen and his business partner, Steve Cohen, announced last month that they planned to buy the boat, dubbed the “Octopus,” from an octopi company in Australia.

| Cohen and Allen, who co-founded the company in 2008, have invested more than $4 billion in various businesses and investments, including at least $1 billion in an online video site.