Empire to sue Party
November 21st, 2005 | Published in Business, Online Poker
Empire Online have announced this morning that they’ve broken off takeover negotiations with Party Gaming.
In a pretty scathing statement, the Empire directors say that they “intend to institute and vigorously pursue legal proceedings as soon as possible”.
I can understand the Empire directors being upset if Party are offering a lower price now that the Empire shares have dropped in value; especially when the shares dropped as a direct result of Party seeking to end the ’skin’ deal the two companies had. Surely the Empire directors must have had a contingency plan if that happened though? They must have looked at the possibilty of moving onto the Prima or Cryptologic networks instead, if Party one day decided to pull the rug out.
So can we look forward to competitive sign-up and reload bonuses from Empire in the near future in order to build up their customer base? Fortunately for me, it’s one place I’ve never got around to playing at for some reason. Damn them! Am I doomed to a life of bonus whoring for the rest of my days?
