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Friday, May 27, 2011
Source: Einhorn has shot to own majority

By Adam Rubin

David Einhorn, who has been selected to join the New York Mets ownership group as a minority partner, has a path to majority ownership, a source familiar with the still-not-finalized terms told Einhorn has agreed in principal to purchase roughly 33 percent of the team for $200 million, which will infuse cash and keep the organization solvent in the immediate future. He can try to become majority owner in three years.

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