SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): October 17, 2000
STATION CASINOS, INC
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(Exact name of registrant as specified in its charter)
Nevada 000-21640 88-0136443
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
2411 West Sahara Avenue, Las Vegas, Nevada 89102
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (702) 367-2411
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N/A
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On October 17, 2000, Station Casinos, Inc. (the "Company") and
its wholly-owned subsidiary, St. Charles Riverfront Station, Inc., a Missouri
corporation ("St. Charles"), entered into an Asset Purchase Agreement (the "St.
Charles Purchase Agreement") with Ameristar Casinos, Inc., a Nevada corporation
("Ameristar"), and a wholly-owned subsidiary of Ameristar, Ameristar Casino St.
Charles, Inc., a Missouri corporation. Also on October 17, 2000, the Company and
its wholly-owned subsidiary, Kansas City Station Corporation, a Missouri
corporation ("Kansas City"), entered into an Asset Purchase Agreement (the
"Kansas City Purchase Agreement") with Ameristar and a wholly-owned subsidiary
of Ameristar, Ameristar Casino Kansas City, Inc., a Missouri corporation.
Pursuant to the St. Charles Purchase Agreement and the Kansas
City Purchase Agreement, the Company has agreed to sell substantially all of the
assets of St. Charles and Kansas City (the "Asset Sale") for aggregate cash
consideration of $475,000,000. Consummation of the Asset Sale is subject to the
satisfaction of certain conditions, including receipt of necessary approvals of
the Missouri Gaming Commission and the expiration or termination of the waiting
period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Concurrent with the Asset Sale, on October 17, 2000, the
Company and its wholly owned subsidiary, Lake Mead Station, Inc., a Nevada
corporation ("Lake Mead Station"), entered into an Asset Purchase Agreement (the
"Reserve Purchase Agreement") with Ameristar and a wholly-owned subsidiary of
Ameristar, Ameristar Casino Las Vegas, Inc., a Nevada corporation. Pursuant to
the Reserve Purchase Agreement, the Company and Lake Mead Station will acquire
the Reserve Hotel & Casino in Henderson, Nevada (the "Acquisition") for
aggregate cash consideration of $70,000,000. Consummation of the Acquisition is
contingent upon completion of the Asset Sale and the satisfactory completion of
diligence on the property. Consummation of the Acquisition is also subject to
the satisfaction of certain conditions, including receipt of necessary approvals
of the Nevada Gaming Commission and the expiration or termination of the waiting
period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
On October 18, 2000, the Company issued a press release
regarding the Asset Sale and the Acquisition. Such press release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Not applicable
(b) Not applicable
(c) The following documents are filed as exhibits to this report:
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Exhibit No. Description
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99.1 Press Release dated October 18, 2000.
SIGNATURES
Pursuant to the requirements of the Securities and 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: October 18, 2000 By: /s/ Glenn C. Christenson
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Glenn C. Christenson
Executive Vice President, Chief
Financial Officer, Chief Administrative
Officer and Treasurer
EXHIBIT INDEX
Exhibit
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99.1 Press Release dated October 18, 2000.
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