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Following near-bankruptcy in 2009, Fertittas to sell shares of Station Casinos

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It appears that the UFC owners are interested in selling shares of Stations Casinos to recoup some of their losses during near-bankruptcy in 2009.

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The Fertitta brothers, who own the Ultimate Fighting Championship (UFC), appear to be interested in selling shares of their Las Vegas casino company Station Casinos LLC.

According to Bloomberg Business, sources close to the matter revealed that following bankruptcy in 2009, the Fertittas are interesting in regaining some of the $238 million put into the company's restructuring. It is believed that an initial public offering (IPO) will take place at some point in 2015.

Station Casinos LLC, which owns and manages 21 casinos, was dealt a significant blow in 2009 when they were forced to file for Chapter 11 bankruptcy protection, two years following a $8.7 billion buyout. Eventually, a restructured company with new ownership emerged in 2011. The Fertittas managed to retain 58 percent of the company.

The Fertittas' casino company is valued at more than $3.5 billion and enjoyed a 5 percent increase in first-quarter revenues from the previous year.

Stations Casino is yet to offer a comment.