Some of the stake holders are from the founding family. They have increased their share considerably.
"Company executives also said Wednesday that, other than being delisted by the NYSE, the buyout should have little noticeable effect on the company."
The Station Casinos in Las Vegas have been bought out by a management-led team. The company has been publically held for years and listed on the NYSE. The equity is no longer available for trade. Reportedly, private funds (along with some public financing) were used in the $5.4 Billion deal.
Topic Category: Las Vegas Information