Deals
Penn to Buy Rest of Online Gaming Partner Barstool Sports
Photographer: Chris Graythen/Getty Images
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Penn Entertainment Inc. is acquiring the remaining shares of Barstool Sports that it doesn’t already own, giving the casino operator full control of the controversial sports and pop-culture company.
In a filing Wednesday, Penn said it exercised call rights and would complete the purchase of the remaining Barstool shares by February 2023.