0 Members and 1 Guest are viewing this topic.
Mets Agree To Sell Minority Stake In TeamBy Ben Nicholson-Smith [May 28, 2011 at 8:54am CST]SATURDAY: Adam Rubin of ESPN New York has learned the terms of the purchase, which sound extremely favorable for Einhorn. The $200MM buys him 30-35% of the team, and he has an option to increase his stake to 60% in three years. If the Wilpons do not want to give him a majority (and controlling) share at that time, they can refund the $200MM while Einhorn still gets to keep his 30-35% stake.
Page created in 0.066 seconds with 22 queries.