Greenlight's Einhorn To Buy New York Mets Stake

May 26 2011 | 9:37am ET

It seems the minority owner of the New York Mets will be a hedge fund manager, after all. But it won't be SAC Capital Advisors' Steven Cohen.

Greenlight Capital's David Einhorn has been tapped as the team's preferred bidder, both the team and Einhorn said today. Einhorn and current owners Fred Wilpon and Saul Katz are in exclusive negotiations.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…