Financial Relief for Mets May Come From TV Partners – NYTimes.com
Time Warner Cable and Comcast are nearing a plan to finance SNY’s purchase of four shares in the Mets, worth $80 million, said one person e with knowledge of the plan who was not authorized to speak publicly.If the deal is completed, the Mets would appear to have buyers for the 10 shares they are selling.That means they will have much-needed cash to pay off their substantial debts. But it would be a slightly quirky way of doing it. The deal would mean 16 percent of the Mets would be owned by SNY. The Mets’ parent company, Sterling Equities, ownsContinue reading Financial Relief for Mets May Come From TV Partners – NYTimes.com Related posts:April 2009: is it a realistic financial plan for the Mets to almost always sell outMets Close to Selling Minority Shares?Mets lay...
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