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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