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Red Rock Resorts Buys Palms for $312.5M

Posted by Chuckmonster on 10 May 2016
Red Rock Resorts (fresh off an IPO that changed their name from Stations Casinos) confirmed rumors today that they have purchased The Plams for $312M bucks. Here's the form 8K they filed immediately after...

Tagged: palms   red rock resorts   leonard green   texas pacific group   

Bloomberg: Palms Is For Sale

Posted by Chuckmonster on 4 Mar 2016
Bloomberg Business is reporting that The Palms has contracted with Macquarie Group to "explore a possible sale" with a sale target price at "several hundred million dollars", whatever that means. Current owners, Texas Pacific Group and...

Tagged: palms   for sale   george maloof   texas pacific group   leonard green   dan lee