Penn-ESPN deal allows Barstool Sports founder Dave Portnoy to buy back company for $1

Penn-ESPN deal allows Barstool Sports founder Dave Portnoy to buy back company for $1

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For the first time in a decade, El Presidente has returned to the throne at Barstool Sports. Dave Portnoy said he initially sold the company for about $500 million and bought it back for just $1 on the announcement of the PENN entertainment-ESPN deal. During an appearance on "Varney & Co.," the…

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