Full Tilt Poker and Groupe Bernard Tapie Sign Acquisition Agreement

[Zab]

"Full Tilt Poker and Groupe Bernard Tapie Sign Acquisition Agreement

Dublin, Ireland (September 30, 2011) Laurent Tapie, Managing Director of ‘Groupe Bernard Tapie’ announced today that the group has signed an exclusive agreement with the Board of Directors of Full Tilt Poker to acquire the company and all of its associated assets.

This agreement, which includes the repayment of Full Tilt Poker’s world-wide players in full, is subject to several conditions; the first of which is a favorable resolution with the United States Department of Justice. Discussions with the United States Department of Justice will begin immediately.

‘Groupe Bernard Tapie’ has over 30 years of experience in the salvation of financially distressed businesses, with over 40 companies acquired and managed to profitability, the most well-known being the sport equipment giant, Adidas."

[Prawney]

You posted the wrong thing zab lol

[Zab]

I fixed it

[Flyby123]

Well It is a step in the rite direction. "Hope"??

[Prawney]

With the way things have played out so far with full tilt i wouldnt get too excited just yet. Wouldnt suprise me if they knew negotiations with DOJ wouldnt be favourable and this is an action to shift more blame onto the DOJ.

But thats just my pessimistic side. Looks like good news, But i still think it will be a long time before all is sorted.

[gsxr5221]

With the way things have played out so far with full tilt i wouldnt get too excited just yet. Wouldnt suprise me if they knew negotiations with DOJ wouldnt be favourable and this is an action to shift more blame onto the DOJ.

But thats just my pessimistic side. Looks like good news, But i still think it will be a long time before all is sorted.

Of course...I think it'll still be interesting to see how things play out

[Flyby123]

With the way things have played out so far with full tilt i wouldnt get too excited just yet. Wouldnt suprise me if they knew negotiations with DOJ wouldnt be favourable and this is an action to shift more blame onto the DOJ.

But thats just my pessimistic side. Looks like good news, But i still think it will be a long time before all is sorted.

I agree just better news then what we have been getting. I dont see FT back for another year or two at the earliest and not for US at all

[Poof]

I am going to be very optimistic, and hope that while they work things out with the DOJ that there will be an agreement to let the US players back in.
I know chances are slim and probably none, but one can hope. I couldn't possibly be more dissappointed than I was when I realized that it was going to take longer than a couple weeks after Black Friday to get some news.

[walter1024]

I do think that the DOJ will keep all the $$$$ and say go ahead and open FTP again But You get no start up $$$$

[Prawney]

They are never coming back to the us market. Unless laws in the US are changed that is. But other than that US players should consider themselves lucky they even got merge to play on