| DOJ Moving on Full Tilt Poker Acquisition |
| Sunday, 20 November 2011 16:34 |
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The associated press reported Friday that Full Tilt Poker's potential buyer, French investment group, Groupe Bernard Tapie, received a signed letter of agreement by the U.S. attorney's office that signifies a go ahead to broker the deal.
The way the agreement is supposed to work is that Full Tilt forfeits their assets in the United States and The United States sells those assets to Groupe Bernard Tapie. The next steps will be for Full Tilt to agree, then for the Tapie group to negotiate a final agreement with the Justice Department. It is hoped that this will ensure the return of player funds. See the rest of the article here. |
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