Wednesday, February 15, 2006
Party Poker buys Empire Poker
PartyGaming buys Empire Online's assets for $250 million.
British online gambling group PartyGaming PLC has agreed to buy the Party Poker poker room skin activities of smaller rival Empire Online Ltd for $250 million in a deal to settle a legal spat.
Empire in December filed a lawsuit claiming 'substantial' damages after its bigger rival on Oct 8 ringfenced its own gambling platform from that used by partners. The move culminated in a profit warnings from Empire.
posted by Poker Player at Party Poker buys Empire Poker
Poker News: Party Poker buys Empire Poker
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