Poker news tagged with 'bernard tapi'

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oct
5

Full Tilt's new owners to offer equity to pay off debt

Tags: Bernard Tapi, full tilt poker, Groupe Bernard Tapie
Posted on 05 October 2011 by "T".

Last week the breaking news that Groupe Bernard Tapie (a French group of investors) and Full Tilt Poker signed an acquisition hit the poker world. The new owners said that they intend to pay back all players money as soon as possible. Yesterday, one could read in the Wall Street Journal that Full Tilt's new owners are looking at the possibilities to offer ownership shares in the company to pay off some of the liabilities to their players. Apart from that, Groupe Bernard Tapie might also offer the current owners continued investments in the company, however, they won't get any influence in the company's governance. 


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