PokerStars in Talks to Buy Full Tilt Poker
PokerStars is in negotiations to acquire Full Tilt Poker in a deal that would end the two online poker companies’ legal battles with the U.S. Justice Department, according to a person familiar with the matter.
Under the deal being discussed, PokerStars would acquire the assets of its smaller rival, according to the person. The deal would be part of a broader settlement of a civil case brought by the DOJ against the two companies, the person said. The DOJ shut down the U.S. web sites of Full Tilt Poker and PokerStars last year as part of a crackdown of online poker sites.