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New Jersey judge forces through Atlantic Club sale to PokerStars

6th May 2013 7:51 pm GMT

A New Jersey judge issued a temporary restraining order on Monday (May 6th) to stop Colony Capital from entering negotiations with a third party and continue with its agreement to sell the Atlantic Club to PokerStars parent The Rational Group.

PokerStars' complaint claimed it had paid $11m of the $15m purchase price to the seller so that it could, among other things, assist PokerStars with its licensure.

The company claims the sellers [...]

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