TITLE

BOYD GAMING STILL INTERESTED IN STATION CASINOS ASSETS

AUTHOR(S)
Knightly, Arnold M.
PUB. DATE
August 2009
SOURCE
Las Vegas Business Press (10712186);8/17/2009, Vol. 26 Issue 33, pP14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on plans by Boyd Gaming Corp. to acquire the assets of Station Casinos, which filed for Chapter 11 bankruptcy. According to Keith Smith, chief executive officer (CEO) and president of Boyd, they remain to be interested in acquiring assets from Station despite its filing after its profits dropped by 41% in the second quarter of 2009. Boyd's offer of 950 million U.S. dollars was previously rejected by Station Casinos.
ACCESSION #
43902553

 

Related Articles

  • Boyd continues to eye Station assets. Knightly, Arnold M. // Las Vegas Business Press (10712186);8/10/2009, Vol. 26 Issue 32, pP13 

    The article reports on the plan of Boyd Gaming Corp. to purchase some of the assets of Station Casinos, which filed for Chapter 11 bankruptcy in July 2009. According to Boyd Chief Executive Officer (CEO) and President Keith Smith, the company is extremely interested in this transaction. It says...

  • Boyd Gaming makes bid for piece of Station. Stutz, Howard // Las Vegas Business Press (10712186);3/2/2009, Vol. 26 Issue 9, pP12 

    This article reports on the offer made by Boyd Gaming Corp. to acquire a significant portion of locals gaming rival Station Casinos in Nevada. There are nine Boyd Gaming casinos in the state. Green Valley Ranch Resort, Aliante Station and Texas Station are some of the properties included in the...

  • Station Casinos Bonds Climb After Buy Offer. Sheahan, Matthew // High Yield Report;3/2/2009, Vol. 20 Issue 9, p25 

    The article reports on the increase in the price of the 6.0 percent bonds due 2012 of Station Casino in March 2009. The bond price increase occurred after Boyd Gaming announced its interest in buying Station Casino's Obco subsidiary. According to KDP Investment Advisors analyst Barbara Cappaert,...

  • Boyd won't bid on Station assets. Stutz, Howard // Las Vegas Business Press (10712186);8/9/2010, Vol. 27 Issue 32, pP13 

    The article reports that Boyd Gaming Corp. is not bidding on any of Station Casinos' assets in an August 6, 2010 bankruptcy auction since the court-approved process makes it hard for eligible bidders to fairly compete.

  • Decision on examiner waits in Station case. Knightly, Arnold M. // Las Vegas Business Press (10712186);10/12/2009, Vol. 26 Issue 41, pP13 

    The article reports that the hearing for the bankruptcy case involving Station Casinos (SC) was postponed by Judge Greg Zive. Accordingly, the decision would give the judge more time in deciding whether to approve the request from a group of lenders to appoint an examiner who would overlook the...

  • Boyd Gaming objects to Station restructuring plan. Stutz, Howard // Las Vegas Business Press (10712186);5/3/2010, Vol. 27 Issue 18, pP13 

    The article reports on the objection by Boyd Gaming Corp. to the proposed bankruptcy reorganization and restructuring plan of Station Casinos.

  • Boyd Gaming says bid for Station Casinos assets legitimate. Stutz, Howard // Las Vegas Business Press (10712186);11/2/2009, Vol. 26 Issue 44, pP16 

    The article reports on the rejection of a bid by Boyd Gaming Corp. to acquire a portion of rival Station Casinos out of bankruptcy in Nevada. According to Boyd Gaming chief executive officer (CEO) Keith Smith, Station Casinos executives have dismissed Boyd's 950 million U.S. dollar offer on...

  • BOYD CEO SAYS COMPANY'S BID FOR STATION LEGITIMATE. Stutz, Howard // Las Vegas Business Press (10712186);11/9/2009, Vol. 26 Issue 45, pP14 

    The article reports on the confirmation of the legitimacy of the bid by Boyd Gaming Corp. to acquire a portion of the assets of its rival Station Casinos because of the latter's bankruptcy. According to Boyd Gaming Chief Executive Officer Keith Smith, the company's offer was rejected by Station...

  • Changing times, different market.  // Las Vegas Business Press (10712186);3/16/2009, Vol. 26 Issue 11, pP28 

    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...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics