The Score Media Ventures
June 7, 2022 | By Vela Wood
Summary of Consideration:
The Score shareholders received $17.00 per share in cash and 0.2398 shares of Penn National common stock for each the Score share, which implies a total purchase consideration of $34.00 per the Score share based on Penn National’s 5-day volume weighted average trading price as of July 30, 2021. Current Penn National and the Score shareholders hold approximately 93% and 7% respectively, of the Company’s outstanding shares.
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