Mets Sale: How Will David Einhorn’s $200 Million Help the Mets? – New York Mets Minority-Stake Sale Will Provide Temporary Financial Backbone The New York Mets are a sinking ship. On the field, the club is 23-27, and they are dealing with more bumps and bruises than they would like. Off the field, the club is several hundred million dollars in debt, and majority owner Fred Wilpon is dealing with a $1 billion lawsuit born out of the Bernie Madofff scandal. On … (This story continues here)
Crucial Facts Missing From Mets Statement On Sale Of Team To Einhorn – How much of the team is Einhorn looking to buy for $200 million and what, exactly, would he be buyin (This story continues here)
Mets' Minority Sale to Hedge Fund Manager Appears Likely – The financially troubled New York Mets have approved a minority stake sale to David Einhorn , a hedge fund manager/president of Greenlight Capital, Inc. (This story continues here)
The New York Mets Sale: Should Mets Fans Be Happy? – The Wilpon brothers, who are majority owners of the New York Mets are in final negotiations with billionaire hedge fund manager David Einhorn to sell a 30-33 percent interest in the team for a reported $200 million. The deal supposedly includes a provision allowing Einhorn to purchase an additional 27-30 percent in three years, so that he would then own 60 percent at the same valuation. The … (This story continues here)
Mets Expected To Announce Sale Of Minority Interest In Team – New York Mets owner Fred Wilpon, who recently announced the team was “bleeding cash” and could lose up to $70 million in 2011, is expected to announce today that a less-than-49% minority stake in the team has been sold to hedge fund manager David Einhorn, according to ESPN New York . The sale is being done primarily to bring the team an infusion of cash and does not include any interest in SNY … (This story continues here)
Minority-Stake Sale Could Stabilize Mets’ Finances Through Next Year – Should David Einhorn purchase a share of the Mets, his $200 million is almost certain to meet the team’s most pressing needs. (This story continues here)
Bondy: To compete, Mets need Einhorn – The Mets may be in dire peril of becoming the Kansas City Royals . In the end, that is what this is all about. It’s not about silly, sniping comments by Fred Wilpon on David Wright. Wilpon can do that if he comes up with the dough the way that George Stein. (This story continues here)
Mets fire sale coming soon – 08:30 AM ET 05.15 | The Mets ‘ fire sale could start as soon as Memorial Day. There’s not an untouchable on the roster, including third baseman David Wright . Carlos Beltran , who had a three-homer game Thursday, could become a person of interest. (This story continues here)
Sale of minority share of New York Mets has 60 percent option – Home plate umpire Mark Wegner, a St. Paul native, was helped off the field after tearing the calf muscle in his right leg with two outs in the bottom of the eighth of Saturday’s game between San Francisco and Milwaukee at Miller Park. (This story continues here)
Hedge Fund Manager David Einhorn Negotiating Stake in Mets – David Einhorn, a Manhattan hedge fund manager, emerged as a potential buyer of less than 49 percent of the Mets, with a sale price of $200 million. (This story continues here)
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