PokerStrategy.com is reporting that Full Tilt has been conditionally sold to Groupe Bernard Tapie, which specializes in purchasing distressed companies (i.e. Full Tilt) and returning them to profitability. Adidas is the most well known company that the group has salvaged.
Part of the agreement is to repay current Full Tilt players in full. The biggest obstacle left is resolving issues with the US Department of Justice, which must happen before the deal is completed.
Keep your fingers crossed!
Click here for the details.
What is it they say -- show me the money!!
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