Two Way Hard Three | Las Vegas Casino & Design Blog

January 26, 2007

Fight for Station: Private Equity Deal Has Opponents

Posted by Hunter

It looks like the private equity deal that a sub-section of management proposed for Station Casinos is not viewed as a great deal by all.

http://www.lasvegasnow.com/global/story.asp?s=5996824

The deal, at $82/share, has been called inadequate by some investors. I wonder if they'll have to significantly increase the offer to get the deal done.

It's important to remember that the people involved in the deal own a substantial amount of stock already.

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Categories: Business of Gaming, Station Casinos