Lock Poker to Take Over Cake Poker Network?

Lock Poker to Take Over Cake Poker Network?
Merge-powered online poker site makes moves in that direction It was reported on May 6 that the troubled Cake Poker Network may have caught the eye of a Merge-powered operator Lock Poker, which apparently plans to acquire it. In a comment on the rumors, an unspecified Lock Poker representative stated: "I cannot comment right now, but I can say that we will be putting an official press release out this week." It is claimed by certain media sources that an official statement referring to the new developments will be made on May 7, but the exact timing has not been specified. Regarding the potential branding of such an acquisition no one is sure which name would be adopted, but one info site speculated that it is certain Lock Poker would be "....driving technology, marketing, player rewards, implementing a more aggressive tournament schedule, and incorporating a new company philosophy, essentially restructuring the entire Cake Poker Network." A range of reports of mergers and mutual acquisitions also emerged over the weekend by a number of posters at online poker portals. One such speculation is that Lock's move may have been prompted by Merge's recent cancellation of its Lock Ops tournament scheduled for May 6 to 20. Another connection between the companies that has been mentioned is that one of Lock's legal men, Bryce Vincent Geoffrey, was formerly a member of Cake's legal team. An official statement is impatiently awaited and will hopefully arrive during the course of the day.
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