Forbes – In three years hedge fund manager David Einhorn could gain control of the New York Mets for $1.
Last month Einhorn and the owners of the MLB team, Fred Wilpon and Saul Katz, came to terms on a deal in which Einhorn would pay $200 million for a one-third stake in the Mets and would have the right to obtain a 60% interest in three years unless Wilpon and Katz returned the $200 million to Einhorn but allowed the hedge fund manager to retain his 33% ownership.
