Friday, February 10, Empire Online said it was close to a settlement with PartyGaming.
Tuesday, February 14, PartyGaming announced that a settlement had been reached. The company will purchase the business, assets, intellectual property, and player databases of Empire Poker and AceClub.com for $250 million. This includes both the Empire Poker brand and Empire Poker website. PartyGaming is, in effect, absorbing its former skin.
Empire Poker intends to concentrate its ongoing efforts in operating Noble Poker and Club Dice Casino.
The deal will not be finalized until it is officially approved by shareholders on March 6, but Empire said that shareholders representing 56 percent of its shares are already onboard.
Tuesday, February 14, PartyGaming announced that a settlement had been reached. The company will purchase the business, assets, intellectual property, and player databases of Empire Poker and AceClub.com for $250 million. This includes both the Empire Poker brand and Empire Poker website. PartyGaming is, in effect, absorbing its former skin.
Empire Poker intends to concentrate its ongoing efforts in operating Noble Poker and Club Dice Casino.
The deal will not be finalized until it is officially approved by shareholders on March 6, but Empire said that shareholders representing 56 percent of its shares are already onboard.
