When David Einhorn backed out of buying into the Mets, the Mets announced that rather than finding one big sugar daddy that they’d look for multiple sugar babies instead. Investors looking to give them, say $20 million a pop. The search for such beasts has been ongoing, but it’s not going quickly:
At this point, none of the units have been sold, said two people briefed on the status of the sales who spoke on the condition of anonymity. They added that there were strong buyer commitments for as many as seven of the shares. However, until there are equally firm offers for the other units, it is possible that none of them will be sold.
I still don’t get who would want to own a small part of a closely-held corporation like this. No control and the possibility of capital calls whenever. Fine, you can say you own a piece of the Mets and get a suite at the games. I could go to parties all over the city for a year and tell people I own part of the Mets and I bet no one would bother to call my bluff. A suite can be had for less than $20 million.
Oh well. The rich are different than you and me.
Vanderbilt defeated Michigan 8-2 in a decisive Game 3 on Wednesday night to win the College World Series. It’s Vanderbilt’s first championship since 2014 when the school defeated Virginia 3-2. Surprisingly, the 10 combined runs made this the highest-scoring College World Series-clinching game since 2009 when LSU beat Texas 11-4.
Michigan got on the board early, beginning the top of the first with three consecutive singles to take a 1-0 lead. Vanderbilt tied it at 1-1 with a solo homer from Pat DeMarco.
Vanderbilt took control of the game in the third and fourth innings, scoring three and two times, respectively. In the third, DeMarco drew a bases loaded walk and Stephen Scott followed up with a two-run single to make it 4-1. In the fourth, Vandy got a run on an RBI single from J.J. Bleday and a sacrifice fly from Ethan Paul. Harrison Ray added an RBI single in the seventh to pad the lead to 7-1. After Michigan scratched out another run in the top of the eighth, Vanderbilt got it right back in the bottom half thanks to an RBI single by Philip Clarke.
On the pitching side of things, Mason Hickman delivered six strong innings for Vandy. He yielded the lone run on four hits and three walks while striking out 10. He gave way to Jake Eder in the seventh, who worked a 1-2-3 frame. Eder remained in the game for the eighth, relenting a run on a two-out double, but it was too little, too late for Michigan. Going out in the ninth inning for a third inning, Eder worked around a two-out walk to close out the ballgame in an 8-2 victory for Vanderbilt.