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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