by Wendeen H. Eolis
No formal confirmations of additional investors yet, but the noise is ever louder today; Group Bernard Tapie has lined up at least one moneyman "ready to punt." According to several generally informed sources familiar with weeks of efforts to raise more funds, GBT has locked up a commitment with at least one and maybe two substantial participants to nail the acquisition of the Full Tilt brand. Additional funding might not be crucial, but for Tapie's reluctance to put in more capital of his own than suits his taste.
A lawyer close to one purported investor says, "The deal should get done." He estimates the time table for a re-launch of the FTP site as before the end of the first quarter." Another lawyer, with strong ties in the current Full Tilt brouhaha says; "The die is cast; Full Tilt is effectively out of control; the deal is now unstoppable unless Tapie fails to deliver the necessary checks to the Court."