0001104659-11-013932.txt : 20110311 0001104659-11-013932.hdr.sgml : 20110311 20110311172442 ACCESSION NUMBER: 0001104659-11-013932 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110310 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110311 DATE AS OF CHANGE: 20110311 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STATION CASINOS INC CENTRAL INDEX KEY: 0000898660 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 880136443 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12037 FILM NUMBER: 11683229 BUSINESS ADDRESS: STREET 1: 1505 SOUTH PAVILION CENTER DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89135 BUSINESS PHONE: 7023672411 MAIL ADDRESS: STREET 1: 1505 SOUTH PAVILION CENTER DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89135 8-K 1 a11-7834_18k.htm 8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 10, 2011

STATION CASINOS, INC.

(Exact name of registrant as specified in its charter)

Nevada	000-21640	88-0136443
(State or other jurisdiction	(Commission	(I.R.S. Employer
of incorporation)	File Number)	Identification No.)

1505 South Pavilion Center Drive, Las Vegas, Nevada		89135
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (702) 495-3000

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))

Item 8.01. Other Events.

Attached and incorporated herein by reference as Exhibit 99.1 is a copy of the press release of Station Casinos LLC, the acquirer of the assets of Station Casinos, Inc. (the “Company”) pursuant to the Company’s plan of reorganization, announcing an agreement with Green Valley Ranch Gaming, LLC, an indirect 50% owned joint venture of the Company, to purchase all of the assets of Green Valley Ranch Resort for $500 million through a pre-packaged plan of reorganization.

Bankruptcy law does not permit solicitation of acceptances of a plan of reorganization until the bankruptcy court approves the disclosure statement relating to such plan. Accordingly, this current report is not intended to be, nor should it be construed as, a solicitation for a vote on the plan of reorganization of Green Valley Ranch Gaming, LLC.

Item 9.01. Financial Statements and Exhibits.

(d)		Exhibits. The following exhibits are being filed herewith:

99.1		Text of press release, dated March 10, 2011.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Station Casinos, Inc.


Date:	March 11, 2011	By:	/s/ Thomas M. Friel
			Thomas M. Friel Executive Vice President, Chief Accounting Officer and Treasurer

Index to Exhibits

Exhibit No.		Description

99.1		Text of press release, dated March 10, 2011.

EX-99.1 2 a11-7834_1ex99d1.htm EX-99.1

Exhibit 99.1

CONTACT: Lori Nelson, Station Casinos, Inc.

702-495-4248 lori.nelson@stationcasinos.com

Fertitta-Led Group Reaches Agreement To Acquire Green Valley Ranch Resort

LAS VEGAS- March 10, 2011- Station Casinos, LLC (“New Station”), the entity formed to acquire most of the properties and assets previously owned by debtor-in-possession Station Casinos, Inc., announced today that it has reached agreement with Green Valley Ranch Gaming, LLC (“GVR”) to purchase all of the assets of Green Valley Ranch Resort for $500 million through a pre-packaged plan of reorganization (the “Plan”). The Plan will result in Green Valley Ranch Resort becoming a wholly owned subsidiary of New Station. More than 90% of the dollar amount and a majority of the holders of the first lien debt of GVR have agreed to support the Plan. Financing for the purchase will include a new credit facility.

Fertitta Entertainment will manage Green Valley Ranch Resort under a long-term management agreement and all of the existing employees at the property will be retained. “We are pleased to have reached agreement with the first lien lenders to acquire Green Valley Ranch Resort,” said Frank Fertitta III, Chairman and Chief Executive Officer of Fertitta Entertainment. “This transaction will allow us to keep Green Valley Ranch Resort in the Station Casinos’ family, retain all of our team members, and continue to serve our loyal guests, all of which are very important to us,” continued Fertitta.

New Station anticipates that the Plan will be filed with the Bankruptcy Court in April and, subject to regulatory approvals, the bankruptcy will be concluded by the end of the second quarter of 2011.