minority

David Einhorn Buys Minority Stake in New York Mets for $200 Million

Published on Thu, 05/26/2011 - 13:08
By FNNO Staff in General Interest, analysis, baseball, business, david einhorn, financial, major league baseball, market, mets, minority, mlb, news, selling, stake, stock, trading, News Update

Einhorn will pay $200 million for a minority share in the team, and is expected to have the first option to buy a majority stake if the present owners, Fred and Jeff Wilpon, and Saul Katz, decide to sell.

Fred Wilpon, Chairman & Chief Executive Officer for the New York Mets said, "We are very excited about David joining our ownership group for several reasons. David's investment immediately improves the franchise's financial p

analysis, baseball, business, david einhorn, financial, major league baseball, market, mets, minority, mlb, news, selling, stake, stock, trading

The New York Mets announced today that they had chosen David Einhorn, the president of hedge fund Greenlight Capital as a limited partner.

By FNNO Staff
fnnonline@gmail.com

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