Peter Kafka

@pkafka ↗

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Last Checked Sept. 23, 2020

Created

Wed Jan 29 06:38:25 +0000 2020

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Peter Kafka @pkafka

A stunning price. Thank the Supreme Court. — PolitiTweet.org

A casino company is buying Barstool Sports in a $450 million deal https://t.co/FWJtM9h6oP

Posted Jan. 29, 2020 Hibernated

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Peter Kafka @pkafka

Leaving this here in case it becomes relevant in the near future. https://t.co/OxKN76LsBY — PolitiTweet.org

Scoop: Barstool Sports is close to selling to a casino company you’ve never heard of https://t.co/JUEarHJWA1

Posted Jan. 29, 2020 Hibernated

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Peter Kafka @pkafka

Details: Penn National Gaming buys a chunk of Barstool, currently owned by the Chernin Group, today, and bumps its stake up to 50% in three years, paying $225 million total. It can then buy majority control at TBD price. Barstool, founded in 2003, did $90/$100 million in 2019. — PolitiTweet.org

Posted Jan. 29, 2020 Hibernated