Barstool Chernin Deal - crm.catalystglobal.com 406a45
Webpenn paid about $388 million for the remaining stake in barstool sports that it doesn’t already own, the sports and entertainment company said friday. Webthe barstool dalliance with penn entertainment continues to make money for dave portnoy. Webpenn entertainment is taking full control of barstool sports as part of a $387 million deal.
According to a regulatory filing, the founder of barstool sports is. Webbarstool sports is now “fully owned by casino operator and entertainment company penn entertainment,” according to todd spangler of variety.