A company spokeswoman declined to comment. Station Casinos’ Aliante Station property could be taken over by its creditors, including TPG Capital and Apollo Global Management LLC. The agreement means 17 of the 18 casinos owned and managed by Station Casinos before the bankruptcy will remain under the company’s control. “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, in a statement.
Station Casinos LLC, the company created to acquire most of the properties and assets of the bankrupt Station Casinos, said it reached an agreement to acquire the hotel-casino in Henderson for $500 million. reached a deal Thursday with creditors that will allow the Green Valley Ranch Resort to remain part of the casino company’s extensive Las Vegas holdings.