Thursday, May 26, 2011

Why 42 Year Old David Einhorn Makes 7 Year Old David Einhorn Very Happy

Bess Levin of Dealbreaker fame writes: Yesterday at the end of his Ira Sohn presentation (after telling Steve Ballmer to do the right thing and quit Microsoft), David Einhorn added “Go Mets!” with little grin on his face, like he had a secret…which apparently was that he just bought a minority stake in the team.

The New York Mets have agreed to sell less than 49 percent of the club for approximately $200 million to David Einhorn, president of Greenlight Capital Inc., sources close to the deal tell ESPN’s Karl Ravech. The sale will not include a stake in SNY, the television network owned by the Mets, the sources said.

Read more at http://dealbreaker.com/2011/05/42-year-old-david-einhorn-makes-7-year-old-david-einhorn-very-happy/

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