Not much detail but the troubled Las Vegas locals operator has filed for protection and reorganization under the bankruptcy code.
Station 'went private' in 2007 as part of a $9 billion deal.
Categories: Business of Gaming, Station Casinos
Tags: lasvegas, station, stationcasinos, vegas
Apparently, the debtholders rejected the prepackaged BK plan so it should be interesting to see whether they wipe out the equity positions of Colony and the Fertittas.
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