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Empire Poker To Sue Party Poker
, 2005-11-21, by TwoGun
In mid-October, Party Poker unilaterally made a decision to move its players to its own platform. This left its former partners, such as Empire Poker and Eurobet, on a much smaller poker network.
Since the split, Empire Poker's stock price has took a huge hit since it is now part of a much smaller poker network. After the split, Party Poker began negotiations to purchase Empire Poker, though these negotiations have collapsed.
In the aftermath of a failed takeover agreement, it appears that Empire will be suing PartyGaming, the company that owns Party Poker, over its decision to move its players off of their joint network.
More information can be found in this Reuters Article.
Since the split, Empire Poker's stock price has took a huge hit since it is now part of a much smaller poker network. After the split, Party Poker began negotiations to purchase Empire Poker, though these negotiations have collapsed.
In the aftermath of a failed takeover agreement, it appears that Empire will be suing PartyGaming, the company that owns Party Poker, over its decision to move its players off of their joint network.
More information can be found in this Reuters Article.
Party Poker does not accept real-money players from the United States.
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