Penn National Gaming Acquires Score Media and Gaming (theScore) for ~$2.0B

August 5, 2021

Penn National Gaming (PENN) agreed to acquire Score Media and Gaming Inc. (theScore) for approximately US$2.0 billion in a cash-and-stock transaction, bringing theScore's media and sports-betting technology into Penn's ecosystem. The deal creates an integrated sports media and gaming company, gives Penn control of theScore's technology stack and accelerates Penn's expansion into the Canadian market; theScore will remain headquartered in Toronto and operate as a stand‑alone business within Penn.

Buyers
Penn National Gaming, Inc., 1317774 B.C. Ltd. (Purchaser, indirectly wholly owned subsidiary of Penn National)
Targets
Score Media and Gaming Inc. (theScore)
Location
Ontario, Canada
Transaction Type
Buyout

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