Update: FTP Acquisition Moving Well, Claims GBT Lawyer

The Matt Glantz blog may have rattled some cages After a blog by poker pro Matt Glantz received quite some attention from the wider public, Groupe Bernard Tapie lawyer Behnam Dayanim strongly denied the speculation that the acquisition of FTP by GBT is unlikely, claiming that the FTP deal is still alive and well and progressing. He also said that that progress has been made and that a successful conclusion is “very close", revealing that the parties have agreed to an extended deadline past the end of February in order to continue the negotiation and presumably due diligence process. He added: “Positive progress has been made in recent talks, and each of the parties feels reasonably confident that we'll be able to reach a successful conclusion. As such, everyone has agreed to let the process continue for a bit longer." However, the only problem that seems to prevail is the one with the allegedly indebted pro players; according to Dayanim, the talks with them are continuing and, while some of them have been striving to find a solution, others remain “recalcitrant.”