Social Media Strategy
How much did Penn Entertainment pay for Barstool Sports?
Answered independently in 1 episodes. Every line below is verbatim from the transcript, timestamped to the moment it was said.
The short answer
What the archive says
01Penn Entertainment bought the remaining Barstool Sports shares for $387 million after paying $163 million for 36% in 2020 — roughly a $550 million total valuation event for Dave Portnoy's business. source →
In their words
What was actually said
I saw this bit of news here right before Yes, they do you know anything with large round numbers gets my attention Ha Pen entertainment who purchased 36% of barstool sports in 2020 for 163 million Just finished by the remaining shares for 387 million which by my bad math gets to around 150 550-ish somewhere close to have like saving for it after the initial 163 like oh man if we drink big They're casino.
The episodes