Busted, But Bidding

WorldpokertourDoyle Brunson will not win the $7.5 million first place bounty from this year’s WSOP Main Event, but he’s got his eyes on a much bigger prize.   

Doyle and a team of financial backers have launched a $700 million cash bid to acquire WPT Enterprises Inc.  The stock soared 49% on this news.  If you read our post on WPT Enterprises back in April–and invested accordingly–you’d have enough cash today to play in all of the WPT tournaments you felt like for the next year.  Or buy a house.  Or pay off your debt.  But you get the picture. 

Read more about Doyle’s bid for WPT Enterprises in the Los Angeles Business Journal, or pick up a copy of today’s New York Times.

 

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