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02-23-2009, 05:55 PM
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Senior Member
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Join Date: Jun 2008
Location: SW Las Vegas
104 posts, read 80,512 times
Reputation: 20
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Boyd Gaming offers to buy Station's
Today's Las Vegas Sun Article-
Boyd Gaming is offering to purchase Station Casinos as part of a reorganization plan or a bankruptcy auction.
In a letter delivered to Station's board of directors today, Boyd Chief Executive Officer Keith Smith said his company is prepared to offer about $950 million for the company's "OpCo" casinos, which include Texas Station, Santa Fe Station and the company's Fiesta casinos. Boyd is also interested in purchasing Station's remaining casinos for a yet-to-be-determined price.
Boyd Gaming offers to buy Station - Las Vegas Sun |
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02-23-2009, 06:16 PM
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Happy Holidays!
Status:
"2010 already?"
(set 5 days ago)
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Join Date: Mar 2008
Location: NorCal and Vegas!
247 posts, read 161,041 times
Reputation: 80
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No, no, no, no! This would kill competition and would be very bad for the local Vegas player. Boyd does see the blood in the water. All that money to buy Stations with...go finish Echelon first!
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02-23-2009, 09:03 PM
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I'm a GROUCH! So deal with it!
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Join Date: Dec 2007
Location: Here and there, you decide.
4,128 posts, read 2,768,653 times
Reputation: 387
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if boyd owns echelon (bankrupt), how can they even be allowed to purchase stations
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02-23-2009, 09:07 PM
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Happy Holidays!
Status:
"2010 already?"
(set 5 days ago)
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Join Date: Mar 2008
Location: NorCal and Vegas!
247 posts, read 161,041 times
Reputation: 80
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Echelon is not bankrupt it was just put on hold.
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02-23-2009, 09:08 PM
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I'm a GROUCH! So deal with it!
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Join Date: Dec 2007
Location: Here and there, you decide.
4,128 posts, read 2,768,653 times
Reputation: 387
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well darn it, tell them to finish it,,, it is an eyesore...
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02-23-2009, 10:25 PM
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Senior Member
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Join Date: Nov 2006
Location: This has everything to do w/ relocation
312 posts, read 255,075 times
Reputation: 91
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Quote:
excluding Red Rock Resort, Boulder Station, Palace Station and Sunset Station. Boyd is also interested in purchasing Station's remaining casinos for a yet-to-be-determined price.
For now, Boyd's offer includes Texas Station, Aliante Station, Sante Fe Station, Green Valley Ranch and the Fiesta casinos.
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Why GVR and not Red Rock?
And what about Stations other stuff like "The Greens" "WildFire" and "Barly's" (Is Barley's a a Station?) |
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02-23-2009, 10:28 PM
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I'm a GROUCH! So deal with it!
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Join Date: Dec 2007
Location: Here and there, you decide.
4,128 posts, read 2,768,653 times
Reputation: 387
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aliante is not solely owned by stations casino though
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02-23-2009, 10:29 PM
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Senior Member
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Join Date: Nov 2006
Location: This has everything to do w/ relocation
312 posts, read 255,075 times
Reputation: 91
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neither is GVR - GreeenSpun owns that one too
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02-23-2009, 10:31 PM
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Happy Holidays!
Status:
"2010 already?"
(set 5 days ago)
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Join Date: Mar 2008
Location: NorCal and Vegas!
247 posts, read 161,041 times
Reputation: 80
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Quote:
Originally Posted by Yeti
Why GVR and not Red Rock?
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They want GVR and Aliante because Stations only owns 50% of these. Greenspun Corp. owns the other 50% of these....less risk, cheaper buying a 50% stake. |
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02-23-2009, 11:05 PM
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Señor Member
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Join Date: Mar 2007
Location: Beautiful Upstate NY!
5,221 posts, read 3,517,333 times
Reputation: 1180
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Yes, Barleys is a Stations property...and one I really liked.
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