Mets-Unicorn business Investor accused of last minute changes

12:35 PM Posted by Mario Galarza

NEW YORK--the sale of a minority holding in the coffers of the New York Mets, hedge fund manager David Einhorn for $200 million fell through.

The sides were unable to complete the deal after months of negotiations, the team said in a statement Thursday. The Mets announced in this Unicorn, President of Greenlight Capital Inc., in the Club can buy.

Einhorn first a win-win agreement, known as the sale but said on Thursday that the original deal is not keep.

"The comprehensive nature of the changes that have been suggested to me at the last minute a successful transaction has made impossible," he said in a statement.

The Mets ownership group, led by Fred Wilpon, has put in a legal and financial chaos from investments with schemers Bernie Madoff Ponzi. Trustee Court losses for the victims of fraud has a billion against the Mets, with a federal court hearing for March of next year in the case of claim set try.

The Mets has a loan from major league baseball November last year. The influx of money from Unicorn, debt and cover, to pay the operating expenses would have helped. MLB must approve such offers property.

"We are very confident in the team contains - both you as well as on the field,", Wilpon said. "We will take part some thoroughly before, were considered major league baseball along with other interested parties about a potential investment of the minority in the franchise with other people." My partners and I thank David for his interest in taking this opportunity and wish him well in the future. "


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