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.

Read the rest of this post on the original site »


Must-Reads from other Web sites

Marco Arment

The One-Person Product

Rachel Sklar

Yahoo’s $1.1 Billion Inferiority Complex

Josh Miller

The Next Facebook

Dave Winer

My One Talk With Marissa Mayer

Lux Alptraum

How Adult Tumblrs Could Land Yahoo in a Legal Pinch

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Voices is edited by Beth Callaghan.