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Agreement signedPublished 8 Aug 2023

David Portnoy /
Barstool

David Portnoy purchases Barstool from PENN Entertainment, Inc.

Buy side: David Portnoy
Buy sideDavid Portnoy
Target: Barstool
TargetBarstool
Source · 8 Aug 2023
See the source
Buy side: David Portnoy
Buy sideDavid Portnoy
Target: Barstool
TargetBarstool
01 / BuyerDavid Portnoy
02 / TargetBarstool
01

What happened

PENN Entertainment, Inc. sold all outstanding shares of Barstool to David Portnoy in exchange for non-compete and other restrictive covenants. PENN also has the right to receive 50% of proceeds from a later sale or other monetization of Barstool.

02

The source

Everything on this page comes from the source below.

01
Source · Original source

David Portnoy purchases Barstool from PENN Entertainment, Inc.

This document is the source for the companies, stage and people on this page.

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

    The source this page is built from.

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