“PENN Entertainment Inc. PENN, said in a filing late Wednesday it is buying the remaining shares it doesn't yet own of media company Barstool Sports Inc., founded by David Portnoy. The Pennsylvania-based casino and racetrack operator has exercised call rights to bring its ownership of Barstool to 100%, PENN said in the filing. The acquisition of the remaining Barstool shares is expected to be completed by February, subject to certain conditions, after which Barstool will be a wholly owned subsidiary of PENN, the filing said.”
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