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The Chip Board Archive 18

STATIONS TO GO BELLY UP? NCR

L.V. Review/Journal story: Stations appears to be on the verge of reorganization or Chapter 11. Here's the intro to the story:

Station Casinos is tapping the remainder of its credit line in a move bond analysts say could indicate a restructuring that could soon include a bankruptcy filing.
The locals gaming company requested the $257 million remaining in the credit line on Friday, with $239 million of the request funded that day, according to a filing Monday with the Securities and Exchange Commission.
Station Casinos is tapping the remainder of its credit line in a move bond analysts say could indicate a restructuring that could soon include a bankruptcy filing.
The locals gaming company requested the $257 million remaining in the credit line on Friday, with $239 million of the request funded that day, according to a filing Monday with the Securities and Exchange Commission.

http://www.lvrj.com/business/36681324.html

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STATIONS TO GO BELLY UP? NCR
Wow - comments at the end are interesting...
Re: Wow - comments at the end are interesting...

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