Showing posts with label New Mets Minority Owner. Show all posts
Showing posts with label New Mets Minority Owner. Show all posts

Saturday, May 28, 2011

Video: WFAN's Craig Carton Makes Statement on David Einhorn (New Minority Owner)

Thursday, May 26, 2011

David Einhorn is selected as the team's preferred minority investor/owner

The New York Mets today announced that David Einhorn has been selected as the Met's preferred partner and that the Mets and Mr. Einhorn have entered into exclusive negotiations with respect to a minority, non-operating investment in the team.

The $200 million personal investment by Mr. Einhorn is subject to the negotiation of a mutually acceptable definitive agreement for the transaction, as well as required approvals by Major League Baseball. The parties expect to enter into definitive agreements by late June.

"We are very excited about David joining our ownership group for several reasons," said Fred Wilpon, Chairman & Chief Executive Officer, New York Mets. "David's investment immediately improves the franchise's financial position. Equally important, David's intelligence, integrity and success in both business and civic affairs provides us with another perspective in evaluating what is best for this organization and our fans, and we welcome his input. In partnership with David, we look forward to achieving our ultimate goal of again becoming World Series champions."

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