A special committee of Station Casinos board of directors has found that the economic failure of the company’s $5.7 billion buyout was due to the economic downturn and not any inappropriate action by anyone involved in the buyout, according to a report filed Tuesday with the bankruptcy court in Reno.
Boyd Gaming Corp. has received clarification from New Jersey regulators that the company will not be part of the hearings involving its partner in the Borgata in Atlantic City.
