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Old 02-23-2009, 04:55 PM
 
Location: SW Las Vegas
109 posts, read 446,003 times
Reputation: 47
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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Old 02-23-2009, 05:16 PM
 
Location: NorCal and Vegas!
269 posts, read 863,103 times
Reputation: 122
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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Old 02-23-2009, 08:03 PM
 
Location: Here and there, you decide.
11,578 posts, read 22,679,105 times
Reputation: 3883
if boyd owns echelon (bankrupt), how can they even be allowed to purchase stations
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Old 02-23-2009, 08:07 PM
 
Location: NorCal and Vegas!
269 posts, read 863,103 times
Reputation: 122
Echelon is not bankrupt it was just put on hold.
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Old 02-23-2009, 08:08 PM
 
Location: Here and there, you decide.
11,578 posts, read 22,679,105 times
Reputation: 3883
well darn it, tell them to finish it,,, it is an eyesore...
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Old 02-23-2009, 09:25 PM
 
Location: South San Francisco
322 posts, read 1,104,228 times
Reputation: 145
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.
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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Old 02-23-2009, 09:28 PM
 
Location: Here and there, you decide.
11,578 posts, read 22,679,105 times
Reputation: 3883
aliante is not solely owned by stations casino though
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Old 02-23-2009, 09:29 PM
 
Location: South San Francisco
322 posts, read 1,104,228 times
Reputation: 145
neither is GVR - GreeenSpun owns that one too
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Old 02-23-2009, 09:31 PM
 
Location: NorCal and Vegas!
269 posts, read 863,103 times
Reputation: 122
Quote:
Originally Posted by Yeti View Post
Why GVR and not Red Rock?
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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Old 02-23-2009, 10:05 PM
 
Location: Beautiful Upstate NY!
13,819 posts, read 24,557,472 times
Reputation: 7615
Yes, Barleys is a Stations property...and one I really liked.
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