RUMOURS ON POKERSTARS ACQUISITION OF FULL TILT PERSIST

Friday June 22, 2012 : RUMOURS ON POKERSTARS ACQUISITION OF FULL TILT PERSIST
 
Despite continued silence from the online poker giant, moves are reportedly afoot
 
Earlier this year the hopes of former Full Tilt Poker players disadvantaged by that company's closure on Black Friday were raised when reports surfaced that Pokerstars was in talks with the company and the US Department of Justice regarding a possible acquisition.
 
The French Groupe Bernard Tapie had abandoned its takeover bid for the moribund Full Tilt, citing unreasonable last-minute demands by the American enforcement authorities, and the way for a Pokerstars acquisition and a resolution of player financial problems appeared to be open.
 
Then all went quiet, and the rumour mill started churning out any number of speculative and allegedly "insider" disclosures, none of which seemed to come to fruition.
 
This week the rumours started circulating again, based mainly on unconfirmed reports that Pokerstars had sent staffers to the depleted Dublin headquarters of Full Tilt for training purposes in preparation for the announcement of a successful deal.
 
Other – again unconfirmed – reports are that Full Tilt's parent, Pocket Kings has started settling financial obligations with some creditor companies that have been left out in the cold for more than a year.
 
Whether these reports have a solid foundation or not is impossible to say in the absence of any official public statements from recognised and creditable Pokerstars spokesmen.