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PENN Entertainment buying the remaining stake of Barstool Sports : stocks

by /u/julet0790
August 18, 2022
in Stock Market
Reading Time: 1 min read
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“PENN Leisure Inc. PENN, stated in a submitting late Wednesday it’s shopping for the remaining shares it would not but personal of media firm Barstool Sports activities Inc., based by David Portnoy. The Pennsylvania-based on line casino and racetrack operator has exercised name rights to convey its possession of Barstool to 100%, PENN stated within the submitting. The acquisition of the remaining Barstool shares is predicted to be accomplished by February, topic to sure situations, after which Barstool will probably be a completely owned subsidiary of PENN, the submitting stated.”

https://www.marketwatch.com/story/penn-entertainment-buying-the-remaining-stake-of-barstool-sports-2022-08-17?mod=mw_latestnews



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Tags: BarstoolBuyingEntertainmentPennremainingsportsStakestocks
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