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Mets May Now Try To Sell Mini Stakes In Team
Thursday, September 1, 2011 - 11:26am | 162Read More...According to a report from the Wall Street Journal, the New York Mets may now try to sell ten minority stakes in the company worth $20 million each, as opposed to one $200 million stake. Talks fell apart between the Mets and David Einhorn, and it was reported earlier today that the deal between...
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UPDATE: David Einhorn Negotiations to Acquire Minority Interest in New York Mets End
Thursday, September 1, 2011 - 11:19am | 153Read More...David Einhorn today issued the following statement about the conclusion of negotiations with the New York Mets regarding a minority, non-operating investment in the team: “I am disappointed to announce that I will not be purchasing an ownership interest in the New York Mets baseball team at this...
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Cause It's 1, 2, 3, Strikes You're Out!!!
Thursday, September 1, 2011 - 10:36am | 510Read More...According to New York Times sports reporter Richard Sandomir, the much maligned deal between hedge fund titan David Einhorn and the New York Mets is over. Here is a statement from the team, courtesy of ESPNNewYork. "The New York Mets' Owners announced today that their period of exclusive...
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New York Mets Receiving Loan from Hedge Fund Manager
Wednesday, August 10, 2011 - 1:33pm | 433Read More...Currently third in the National League East, the New York Mets (58-57, 7.5 games out of wild-card lead) have something to look forward to besides next year. David Einhorn, President of Greenlight Capital (NASDAQ: GLRE), recently restructured an agreement with the New York Mets to help relieve...
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David Einhorn Is Approved
Tuesday, July 12, 2011 - 3:11pm | 159Read More...According to tweets from ESPN New York's Adam Rubin and SI's Jon Heyman, Grenlight Capital's David Einhorn has been approved as minority owner of the New York Mets. There was some holds up in the deal, which was supposed to be completed by June 30, but now it looks as if Einhorn is set to become a...
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Einhorn-Mets Sale Unlikely To Be Finished Until August
Thursday, July 7, 2011 - 4:40pm | 144Read More...According to ESPNNewYork's Adam Rubin, the sale of a minority stake in the New York Mets to Greenlight Capital's David Einhorn is still progressing but unlikely to close until August. According to the source, the two sides are moving towards a deal despite the exclusive window expiring. "Things...
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Is David Einhorn Trying To Throw A Curveball?
Friday, July 1, 2011 - 9:08am | 320Read More...After news hit in late May that hedge fund honcho David Einhorn was in talks to buy a minority portion of the New York Mets, everyone believed the deal would get done relatively easy and soon. Not so, according to the New York Post. The deal was supposed to get done by yesterday, but it appears...
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Comments From The Wilpons On The Sale
Thursday, May 26, 2011 - 10:12am | 37Read More...Here are comments from the Wilpons discussing the sale to David Einhorn of Greenlight Capital. Einhorn is buying approximately 49% of the team for $200 million.
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Lenny Dykstra Thought Doc Gooden Was Hypnotized
Tuesday, May 24, 2011 - 8:54am | 156Read More...Lenny Dykstra's nuttiness never ceases to amaze us, even going so far as to try to break out Doc Gooden out of celebrity rehab. Gooden, the former New York Mets pitcher who had fallen on hard times, was filming "Celebrity Rehab" when Dykstra, the former Major League Baseball player turned...
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Leave Citi Field Alone!
Tuesday, February 8, 2011 - 12:20pm | 358Read More...The New York Times has an article that (NYSE: NYT) opines that the New York Mets should rename Citi Field in light of all the hoopla that is surrounding the team. I don't see how the connection between renaming the ballpark and the legal mess that the Wilpons are in. A couple of weeks ago, Fred...
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Mets-Madoff Lawsuit Unsealed
Friday, February 4, 2011 - 1:36pm | 270Read More...Here is the full statement regarding the lawsuit against New York Mets owners Fred Wilpon, Jeff Wilpon and team president Saul Katz. The three men are being sued by Irving Picard, the trustee for Bernie Madoff victims. The lawsuit was unsealed today, claiming that the Wilpons made over $300...
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New York Mets May Sell Part Of SNY To Settle Madoff Claims
Thursday, February 3, 2011 - 9:44am | 321Read More...According to the Wall Street Journal, the New York Mets would consider selling a portion of its share in cable channel SNY if it is otherwise unable to sell a minority stake in the team. There have been reports that the Mets would have trouble selling a minority stake, up to as much as 25% of the...
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Mets May Have Hard Time Raising Funds
Monday, January 31, 2011 - 3:33pm | 179Read More...A tweet from Andrew Marchand, who is a writer for ESPN New York says that the New York Mets may have a hard time getting someone to buy a portion of the team. Marchand tweeted, "I have spoken to a couple of knowledgeable baseball biz folks, no one can give a good reason to fork over $200M for...




