social media platform Bebo did the same type of thing. sold the company to AOL for $800M, bought it back for $1M five years later. https://en.wikipedia.org/wiki/Bebo
Barstool Sports was sold back to its founder, Dave Portnoy, for $1 from Penn Entertainment in August 2023. Penn Entertainment had previously acquired Barstool Sports in two transactions totaling $551 million, but decided to sell it back due to regulatory issues and a new deal with ESPN to rebrand their sportsbook. As part of the agreement, Penn Entertainment retains the right to receive 50% of the proceeds if Portnoy ever sells or monetizes Barstool in the future.
And the main stakeholders in Penn Entertainment are Blackrock and Vanguard. Go figure. It really is like that old picture of the jew octopus with its tentacles stretching around earth.
[ + ] Smedleys_Butler
[ - ] Smedleys_Butler 0 points 1 dayJun 5, 2025 17:42:17 ago (+0/-0)
[ + ] PostWallHelena
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[ + ] Smedleys_Butler
[ - ] Smedleys_Butler 1 point 19 hoursJun 6, 2025 16:34:27 ago (+1/-0)
[ + ] PostWallHelena
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[ + ] Smedleys_Butler
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[ + ] Smedleys_Butler
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[ + ] lolxd
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[ + ] lolxd
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[ + ] shitface9000
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[ + ] Panic
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[ + ] Swej_Ehtsag
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[ + ] Her0n
[ - ] Her0n 2 points 2 daysJun 5, 2025 10:02:52 ago (+2/-0)
He's a kike lolcow
[ + ] DukeofRaul
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[ + ] CHIRO
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[ + ] FreeinTX
[ - ] FreeinTX 5 points 2 daysJun 5, 2025 07:37:20 ago (+5/-0)
Nigga, Heil Hitler.
[ + ] xmasskull
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[ + ] HeyJames
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