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46-400: Standard General was active in managing the bankruptcies of Aliante Casino and Hotel , American Apparel , Greektown, RadioShack and Young Broadcasting . As reported in the 2019 10K, Standard General L.P. is the largest shareholder of Bally's Corporation . Standard General pursues a single strategy of opportunistic investing primarily in levered U.S. middle-market companies. The firm has

92-502: A holding company , was created to own the resort, with its largest shareholders being Apollo Global Management (20%), Standard General (28%) and TPG Capital (20%). After the ownership change in November 2011, profits improved over the next year. Station Casinos continued to manage Aliante Station under an agreement with the new owners until November 1, 2012, when the resort was renamed Aliante Casino and Hotel. The Aliante

138-495: A deal to purchase ALST Casino Holdco LLC and become the resort's new owner. Boyd Gaming's $ 380 million purchase was completed in September 2016. As of 2017, the casino is 125,000 sq ft (11,600 m ). Metro by T-Mobile Metro by T-Mobile, formerly known as MetroPCS , and simply known as Metro , is an American prepaid wireless service provider and brand owned by T-Mobile US . It previously operated

184-451: A desert theme. Its design was inspired by Scottsdale, Arizona , and company officials described it as "contemporary Scottsdale with a combination of muted and vibrant colors." A modern design was chosen after positive customer reactions to Station Casinos' Red Rock Resort , which opened in April 2006 with a modern design. The resort included Earth tones and crystal adornments, similar to

230-476: A financial loss due to below-average operating margins , and its employee count later decreased to 880. After Station Casinos filed for bankruptcy in July 2009, Aliante was handed over in November 2011 to its creditors , a group of nine banks and three private equity firms that were owed more than $ 378 million, while the property's estimated liquidation value was only $ 47–53 million. ALST Casino Holdco LLC ,

276-489: A group led by Standard General and Apollo Global Management for $ 24 per-share, valuing the company at $ 5.4 billion. The company, would retain the Tegna name, be controlled by an affiliate of Standard General, with Standard Media CEO Deb McDermott (who previously led Young Broadcasting and Media General ) becoming CEO. Affiliates of AGM, as well as Cox Media Group (which is principally owned by AGM, with Cox Enterprises as

322-542: A joint project between Station Casinos and The Greenspun Corporation , with an initial cost of $ 400 million to $ 450 million. Construction began in February 2007, and the resort was built at a cost of $ 662 million. After opening in November 2008, the resort operated at a financial loss. Station Casinos filed for bankruptcy the following year, and the resort's ownership was transferred to a holding company . Profits subsequently improved, and Station Casinos continued managing

368-410: A minority shareholder) and other investors, would have held non-voting shares in the company. Tegna's digital advertising subsidiary Premion would be held as a standalone business between Standard and CMG. The sale included a clause that would have slowly increase the value that Standard and Apollo would pay per-share if the sale took longer than nine months to close. The sale would have also resulted in

414-609: A performance by Smokey Robinson . The showroom included seating for 600 people, and could be arranged into a 340-seat lounge. The hotel also opened on November 14, with 202 rooms and 9 suites, while a planned future phase would add a second hotel tower for an additional 202 rooms. Similar to the Green Valley Ranch arrangement with The Greenspun Corporation, Station Casinos received a management fee of two percent of revenues for Aliante Station, and five percent of its cash flow. After its opening, Aliante Station operated at

460-510: A phone-in show titled Tech & Talk . Their content was believed to be stereotypical and offensive. Following the T-Mobile merger, MetroPCS introduced a campaign to highlight its inclusion of all related taxes and fees in advertised prices. The campaign was ridiculed by many people who interpreted an unintended double meaning in the slogan "Period Power", referring to the menstrual cycle . Metro ranked first in customer experience among

506-541: A series of armed robberies in Metro stores which was attributed to low security measures. In the same year, T-Mobile and Metro became some of the earliest companies to offer unlimited data plans. On September 24, 2018, T-Mobile announced that it would relaunch the brand as Metro by T-Mobile (a move that would take effect two weeks later), introducing new unlimited plans offering bundled features such as Amazon Prime subscriptions and Google One storage, and announcing that

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552-554: A time which was considered lucky. It was the first new hotel-casino to open in North Las Vegas since the Cannery Casino and Hotel in 2003. A pre-opening party was held for nearly 3,000 invited guests, and included an hour-long concert performance by Sheryl Crow . Guests included George Maloof , Terrence Lanni , and other gaming company officials. Aliante Station included the largest casino in North Las Vegas at

598-669: The Great Recession . Station Casinos' target clientele was a combination of the company's current customer base, the 6,500 households in the Aliante community, tourists, and visitors to the nearby Las Vegas Motor Speedway . The project was completed at a cost of $ 662 million. Following a fireworks show, the Aliante Station opened early, at 10:40 p.m. on November 11, 2008, due to large crowds gathered outside. The resort had been scheduled to open at 11:11 p.m.,

644-577: The CEO of ALST Casino Holdco. In April 2016, Boyd Gaming agreed to purchase the ALST Casino Holdco LLC for total net cash consideration of $ 380 million. See American Apparel In 2015, The New York Times described the firm as "the little-known hedge fund that is also leading the turnaround at RadioShack ." In 2015, during RadioShack's Chapter 11 bankruptcy , Standard General formed General Wireless (although unrelated, General Wireless

690-652: The FCC Commissioner's Board voted to remand the merger review toward on May 22. The deal was terminated on May 22, 2023. Aliante Casino and Hotel Aliante Casino and Hotel (formerly Aliante Station ) is a hotel and casino in the Aliante community in North Las Vegas , Nevada . It is owned and operated by Boyd Gaming . The resort was announced as the Aliante Station in December 2005, as

736-524: The FCC's mandate by restricting access to local news coverage, cutting jobs at local television stations, and raising prices on consumers." They specifically cited statements by Standard General regarding plans for a Washington, D.C. bureau to produce content for local newscasts, and arguing that Tegna's stations had "too many employees". Standard General responded to the letter, denying that they planned to cut jobs or hub content, and promoting that Tegna would become

782-539: The GAMCO Management Hall of Fame. Aliante Casino and Hotel was developed by Station Casinos and the family-owned Greenspun Corp. In connection with Station's bankruptcy proceedings, lenders took control of Aliante in 2011. From 2011 to 2016, Standard General was the largest stakeholder of ALST Casino Holdco, the owner of the Aliante Casino and Hotel in North Las Vegas. Soohyung Kim served as

828-465: The Medley Buffet. In the year after the management change, 200 additional employees were hired, for a total of 860. The casino's 1,800 slot machines were also updated, and a bingo room was added as well. Hotel renovations also took place. By February 2014, hotel occupancy had increased to an average of 90 percent, in comparison to 40 percent in late 2012. In April 2016, Boyd Gaming announced

874-494: The RadioShack name through its second bankruptcy in two years. On June 12, 2017, General Wireless announced its intent to auction off the RadioShack name. In late July 2018, RadioShack partnered up with HobbyTown USA to open up around 100 RadioShack "Express" stores. In 2020, the assets were bought by Miami-based Retail Ecommerce Ventures. On February 22, 2022, Tegna Inc. announced that it had agreed to be taken private by

920-519: The ability to invest across the capital structure but is better known for specializing in distressed debt. Since 2007, it has invested in both publicly traded and private entities and is known for making several control investments. Standard General L.P. is the largest shareholder of Bally's Corporation , formerly known as Twin River Worldwide Holdings. Soo Kim, Standard General's managing partner had been an independent director of

966-403: The brand aims to be the first prepaid mobile carrier to offer 5G in 2019. T-Mobile stated that these changes would help to reduce the negative stigmas associated with MetroPCS's prepaid services, by aligning them with other well-known brands as value-added services, and placing a larger emphasis on its use of T-Mobile's network. The renamed carrier launched in early October 2018. At the time of

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1012-712: The brand. The company also made moves to expand its focus on sports betting , including acquisitions in the field, and a partnership with Sinclair Broadcast Group and Entertainment Studios to rebrand its regional sports networks under the Bally name as part of a promotion and content agreement. Kim was named "American Executive of the Year" at the 2021 Global Gaming Awards. In January 2022, Standard General offered to buy all outstanding shares in Bally's Corporation that it did not already own, valuing it at $ 2.07 billion. In April 2018,

1058-599: The cable network INSP —for an undisclosed amount. The sale was approved by Standard General and Apollo Global Management on May 17, 2022. The sale was completed on August 1, 2022. On October 6, 2022, the Chair of the House Energy and Commerce Committee Frank Pallone and Speaker of the House Nancy Pelosi issued a letter to the FCC expressing concerns for the transaction, arguing that it "would violate

1104-496: The combined Media General went on to merge with LIN Media , a transaction that would create the nation's eight largest television station group. On January 27, 2016, Media General was sold to Nexstar Broadcasting Group . Standard General profited $ 300 million USD from the transaction. In recognition of this series of shareholder value-creating transactions, in May 2016, Gabelli Funds inducted Media General board member Soohyung Kim into

1150-620: The company announced a new long-term advertising campaign featuring Milwaukee Bucks player Giannis Antetokounmpo . The launch of MetroPCS's LTE network was met with mixed reviews. In November 2010, Gigaom 's Kevin Tofel noted that although the LTE network was based on 4G technology, "the infrastructure MetroPCS is using keeps speeds in the range of older 3G networks". Tofel measured data speeds "far slower than T-Mobile's HSPA+ network" but considered that users with only basic data requirements would find

1196-493: The company since 2016 and was elected chairman of the board of directors in late 2019. Kim oversaw a major expansion of its operations, including a reverse merger with Dover Downs Gaming & Entertainment to take Twin River public, and various casino acquisitions in 2020. It also acquired rights to the Bally's brand from Caesars Entertainment and adopted it as its corporate name, with an intent to unify all of its properties under

1242-475: The deal closed on May 1, 2013. The combined company, now known as T-Mobile US , began trading on the New York Stock Exchange. On June 21, 2015, the legacy MetroPCS CDMA network was decommissioned, and customers were migrated to the company's LTE network. At the time of the merger, T-Mobile had about 32 million subscribers, to which MetroPCS added around 9 million. In 2012, there was

1288-540: The divestiture of stations by Sinclair Broadcasting during the Tribune Media buyout opened an opportunity for Standard Media , subsidiary of Standard General, to purchase several of the stations. In the case of the stations in the Wilkes Barre, PA market, Sinclair is not the licensee of these stations and will only be selling the assets of such stations that Sinclair owns, together with its right to purchase

1334-475: The fifth largest mobile telecommunications network in the United States using code-division multiple access (CDMA). In 2013, the carrier engaged in a reverse merger with T-Mobile US; post-merger, its services were merged under T-Mobile's UMTS and LTE network. Metro by T-Mobile competes primarily against AT&T 's Cricket Wireless , EchoStar 's Boost Mobile and Verizon 's Visible as part of

1380-760: The larger Red Rock Resort. Aliante Station included approximately 1,400 employees at its opening, including 350 who transferred from Station Casinos' other resorts. The resort had 5,000 parking spaces, including a 3,300-space parking garage. The resort also had 14,000 sq ft (1,300 m ) of convention space with capacity for up to 1,000 people, in addition to an arcade and a 700-person pool. The resort's 16-screen all- digital movie theater, operated by Regal Cinemas and measuring 81,000 sq ft (7,500 m ), held its grand opening on November 14, 2008, after two days of bargain previews. The resort's 3,500 sq ft (330 m ) Access Showroom, designed by Scéno Plus , also opened on November 14, with

1426-473: The largest female-run and minority-owned broadcaster in the United States. They also responded to objections by NewsGuild-CWA describing Standard General as "backed by anonymous investors located in the Cayman Islands", stating that the entirety of its board is represented by U.S. interests. On February 24, 2023, it was confirmed that FCC staff referred the deal to an administrative law judge , which

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1472-477: The licenses of the stations. The deal fell through when the Sinclair-Tribune merger was terminated on August 9, 2018. The stations that were to be purchased by Standard Media included: Standard General became the majority owner of Young Broadcasting after its emergence from chapter 11 bankruptcy in 2010. Young Broadcasting later merged with Media General in November 2013. Following that merger,

1518-545: The name change, T-Mobile's subscriber number had increased to around 75 million and Metro's had doubled to around 18 million users and had increased their nationwide market reach from around 12 to 100 markets. Metro is T-Mobile US 's branch of prepaid services, currently offering a large variety of smartphones and four data plans as of March 18, 2019. Metro conducts its operations on their physical store locations only, in contrast with other prepaid brands that offer services on physical locations and online. In February 2019,

1564-500: The no-contract deal "refreshing." Referencing Tofel's review, Laptop Mag's Corvida Raven concluded that MetroPCS "probably isn't using the best LTE technology." Slate 's Farhad Manjoo panned the service by suggesting that MetroPCS was able to roll out 4G coverage sooner and cheaper than its competitors by offering only the Samsung Craft, a feature phone with sub-standard internet capabilities, as its launch device. Due to

1610-438: The property until November 2012, when it was renamed Aliante Casino and Hotel. Parts of the resort were then rebranded and refurbished, at a cost of $ 2.8 million. Boyd Gaming purchased the hotel-casino in 2016, at a cost of $ 380 million. Mike Montandon , mayor of North Las Vegas, Nevada , was initially against the inclusion of a casino in the planned community of Aliante during its early planning stages in 2002, although he

1656-530: The quality of the device (described as being "designed not just to frustrate users but to get us to swear off ever using any phone again"), the network, and MetroPCS's decision to block video streaming services aside from YouTube under its "unlimited web" plan, Manjoo considered it a device designed to disappoint users excited for 4G. MetroPCS attracted criticism in 2010 for an advertising campaign featuring two Indian characters, Ranjit and Chad (the former being played by veteran Indian actor Anjul Nigam ), hosting

1702-1693: The realignment of station holdings presently associated with both companies: Standard Media's four stations WDKA , WLNE-TV , KBSI , and KLKN would be sold to Cox Media Group, which would then divest its Boston station WFXT to Tegna and Standard General, and acquire WFAA / KMPX , KHOU / KTBU , and KVUE , from Tegna. In order to comply with FCC regulations, some stations would have been sold to other companies in six markets where both groups already owned stations ( Atlanta , Charlotte , Jacksonville , Memphis , Seattle , and Spokane ). On March 30, 2022, Cox Media Group announced that it would sell 18 stations, namely KLAX in Alexandria , WICZ in Binghamton , KIEM and KVIQ-LD in Eureka , WABG , WNBD and WXVT in Greenwood , KPVI in Idaho Falls , KMVU and KFBI-LD in Medford , WHBQ in Memphis , KAYU in Spokane , WSYT in Syracuse , KOKI and KMYT in Tulsa , KCYU-LD and KFFX in Yakima and KYMA in Yuma to Imagicomm Communications —a shell company affiliated with

1748-420: The time, measuring 80,000 sq ft (7,400 m ), with 2,554 slot machines and 40 table games. The casino also included a 170-seat sportsbook , with large television monitors spanning a total of 96 feet. Approximately 1,500 of the slot machines were penny games, and the resort also offered inexpensive restaurant options to appeal to Station Casinos' customer base while attracting new customers during

1794-624: The time, the company operated through 21 licenses in Greater Miami , Tampa , Sarasota , New York City , San Francisco , Atlanta and Sacramento . The company expanded to the Dallas and Detroit areas later that year. On April 19, 2007, MetroPCS made its stock market debut. Its 50 million share IPO closed at $ 27.40, for a market cap of $ 8 billion. In October 2012, the company, known then as MetroPCS, reached an agreement to merge with T-Mobile USA . A reverse merger for MetroPCS,

1840-406: The weak economy. The resort was located within a three-mile radius of more than 100,000 residents. The resort featured a food court as well as six restaurants, including Station Casinos' Feast Buffet. Also included was Camacho's Cantina, a Mexican restaurant with more than 100 different types of tequila , as well as a chandelier made out of 2,700 empty tequila bottles. Aliante Station featured

1886-400: The wireless service provider brands. Metro by T-Mobile has twenty million subscribers as of 2021. Metro was established in 1994 as General Wireless, Inc., by Roger Linquist and Malcolm Lorang. PCS referred to the industry term, Personal Communications Service . Its service was first launched in 2002. As of February 2005, MetroPCS had about 1.5 million subscribers in the country. At

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1932-523: Was announced on December 20, 2005, as a joint project between Station Casinos and The Greenspun Corporation, which had previously partnered in developing the Green Valley Ranch hotel-casino. Under the deal, Station Casinos would build and manage the resort, which would include approximately 200 hotel rooms and 2,000 slot machines. Construction would cost between $ 400 million and $ 450 million, with joint financing from both companies. Construction

1978-628: Was expected to begin in late 2006 or early 2007, with an opening in mid-2008. In September 2006, Station Casinos announced that the project's budget had increased to $ 600 million as the result of rising construction costs, in addition to redesigned plans for a larger resort. Rising construction costs accounted for approximately $ 30 million of the increased budget. Groundbreaking took place on February 22, 2007. The property had received 1,000 employee applications each week from mid-July through early October 2008. Prior to its opening, Station Casinos expected some economic difficulty for Aliante Station due to

2024-414: Was the original name for Metro by T-Mobile ), to act as the owner and operator of the RadioShack brand and its assets. The new company partnered with Sprint to create co-branded stores, with Sprint's name eventually becoming the primary brand on the exterior and selling both Sprint and RadioShack-branded products and services within. General Wireless filed for Chapter 11 bankruptcy on March 8, 2017, taking

2070-454: Was then managed by Aliante Gaming, and a 24-hour restaurant, The Farm 24/7, was added that month. A total of $ 2.8 million was spent on rebranding and refurbishing parts of the resort; a second-floor spa area was among the improvements. Following the end of Station Casinos' involvement in the property, three restaurants were rebranded and reopened in January 2013: The Salted Lime, Bistro 57, and

2116-492: Was ultimately convinced by the community's developers that it would be a good idea. In October 2002, 40 acres (16 ha) of property at the northeast corner of the Las Vegas Beltway and Aliante Parkway were set as the future site of a hotel-casino in the community. The land was owned by The Greenspun Corporation through its American Nevada Company, which was co-developing the Aliante community. Aliante Station

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