Casino News: DoJ's Approval for acquisition of FullTiltPoker.com

DoJ's Approval for acquisition of FullTiltPoker.com

 November 7, 2011, 7:21 am (9 months ago)
Recently, Department of Justice (DoJ) of United States has approved the selling of online poker site FullTiltPoker.com to Groupe Bernard Tapie, which is a French Business Recovery Company. In the month of September, Group Bernard Tapie has signed the agreement for purchasing FTP website, while the rumored deals with American officials, which still have to be approved by shareholders, may predict that the site will soon start the process of repaying to their customers.

Ray Biter, the CEO of FullTiltPoker.com has stated that he is really very satisfied with the approval done by DoJ regarding acquisition of FullTiltPoker.com by Groupe Bernard Tapie. He perceives that in relation to commitment of Groupe Bernard Tapie for paying remaining players of world, DoJ will repay the US players and will settle their litigations with FTP. Now, by DoJ’s approval in hand, Groupe Bernard Tapie will proceed for finalization of the agreement for acquiring the assets or companies of FTP.
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