Greenlight’s Einhorn in Talks for $200 Million Mets’ Share

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Greenlight Capital Inc. President David Einhorn is in exclusive negotiations to buy a minority stake in the New York Mets for $200 million.

Einhorn said on a media conference call that he wouldn’t have a hand in operating the money-losing Major League Baseball franchise. The Mets, in a statement, described Einhorn as a “preferred partner” and said a final agreement is expected by late June. Any sale would require approval from Major League Baseball.