TITLE

Changing times, different market

PUB. DATE
March 2009
SOURCE
Las Vegas Business Press (10712186);3/16/2009, Vol. 26 Issue 11, pP28
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article highlights the unexpected offer made by Boyd Gaming Corp. to buy a large portion of Station Casinos. It notes that the two gaming corporations are fierce competitors in the Las Vegas casino industry, but the changing economy has led to the possible merger. It says that Station Casinos is on the verge of bankruptcy and is being offered a $2 billion credit line for capitalization by Boyd Gaming Corp. in exchange for certain properties in Southern Nevada.
ACCESSION #
40539013

 

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