A great investment?
Cool Face Ryan
Posts: 1,254
It IS the Mets.....
http://sports.espn.go.com/new-york/mlb/ ... id=6665618
David Einhorn is paying $200 million for a minority stake in the New York Mets. He could gain majority control of the team for a heck of a lot less than that, according to Forbes.com.
If the Wilpon family does not pay back Einhorn's $200 million investment in three years, the hedge fund manager can obtain a 60 percent stake in the team for an additional $1, Forbes reported. So his total investment for control of the team that some have valued at more than $1 billion would be $200,000,001.
http://sports.espn.go.com/new-york/mlb/ ... id=6665618
David Einhorn is paying $200 million for a minority stake in the New York Mets. He could gain majority control of the team for a heck of a lot less than that, according to Forbes.com.
If the Wilpon family does not pay back Einhorn's $200 million investment in three years, the hedge fund manager can obtain a 60 percent stake in the team for an additional $1, Forbes reported. So his total investment for control of the team that some have valued at more than $1 billion would be $200,000,001.
MSG II 5/21/10
Tres Mts. Gramercy Theatre 3/26/11
*formerly manutd3581
Tres Mts. Gramercy Theatre 3/26/11
*formerly manutd3581
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