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