The American casino chain Station Casinos has accepted a buying offer from the private group leadered by Fertitta Colony Partners and has been valued in 8,800 million dollars (about 6,690 million euros).
The purchase will allow the brothers Frank Fertitta III and Lorenzo Fertitta, president of the board and of the executive of Station Casinos, to take over the control of the company that was started by their father and that administrates the twelve gambling rooms in Las Vegas.
The offer is for buying each stack of the company for 90 dollars and the group takes part in the Colony Capital company. Along with the 5,400 million dollars for the stacks of the company, the owners will also have to assume the debt of 3,400 million dollars.
