Wilpons May Sell As Much As 49%

Loading...
Loading...
Fred and Jeff Wilpon may be willing to sell as much as 49% of the New York Mets, as they look to settle a lawsuit stemming from Bernie Madoff. Michele Steele, the sports business report for Bloomberg
tweeted the news.
The Wilpons are currently trying to settle with Madoff trustee Irving Picard, as Picard claims the Wilpons took out more than they invested with Madoff, and the victims are due the proceeds.
Market News and Data brought to you by Benzinga APIs
Posted In: Movers & ShakersBernie MadoffFred Wilipon
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...