Penn Entertainment bought the rest of digital sports media platform Barstool while Overstock helped agricultural payment technology provider GrainChain raise $29m.

Young Asian woman using devices for fitness in park

M&A

Gambling and gaming group Penn Entertainment paid $388m for the remaining 64% of US-based online sports media platform Barstool Sports it did not own, three years after investing $163m for a 36% stake. At the time of the 2020 deal, investment adviser The Chernin Group held a 36% stake with the rest of Barstool was owned by its founders…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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