Penn National Gaming to Buy Minority Stake in Barstool Sports – The Wall Street Journal

Penn National Gaming Inc.
PENN 12.40%
has agreed to buy a stake in Barstool Sports Inc. for $163 million, a deal that positions the casino operator to compete in the growing U.S. sports-betting market.Penn National plans to take a 36% stake in closely held… [+4807 Coronavirus]

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