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Penn To Buy Remaining Shares Of Barstool Sports

August 18, 2022 1


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Its been two years since Penn agreed to purchase 36% of Barstool Sports for $161.2 million with an option to buy more for three years and Penn has now decided to purchase every remaining share to make them the sole owner of the company. The reported cost for all the remaining shares is said to be $387 million.

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