Penn Entertainment Now Owns 100% of Barstool SportsWritten by: Todd Shriber

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Penn Entertainment (NASDAQ:PENN) exercised its rights to acquire all of Barstool Sports, meaning David Portnoy’s media outfit will become a wholly owned subsidiary of the gaming company. The company previously known as Penn National Gaming said in January 2020 it was shelling out $163 million in cash and equity to take a 36% stake in
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