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DoJ agrees to $80m Full Tilt Poker deal

18th November 2011 7:38 am GMT

Groupe Bernard Tapie has struck a deal with the US Attorney for the Southern District of New York (Department of Justice), which will allow the French company to buy Full Tilt Poker for $80m.

Tapie has agreed not to operate in the US but there are no provisions in the agreement regarding activities in a regulated US market.

“This is a truly historic agreement,” said Jeff Ifrah, the attorney of Full Tilt CEO Ray Bitar. “I have [...]

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