Penn National to buy stake in Barstool Sports: Bloomberg

Barstool Sports, a sports and pop-culture blog, has agreed to sell a 36 percent stake to Penn National Gaming for about $163 million, reported Bloomberg.

Barstool Sports, a sports and pop-culture blog, has agreed to sell a 36 percent stake to Penn National Gaming for about $163 million, reported Bloomberg. Barstool is backed by The Chernin Group.

Source: Bloomberg