Icahn Enterprises
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Icahn Enterprises (AREP) is a diversified holding company based in White Plains, New York.
Contents |
[edit] History
The Sands in Atlantic City and some adjacent property, was sold in November of 2006 for $274.8 million to Pinnacle Entertainment.[1]
On April 23, 2007 it was announced that American Casino & Entertainment Properties was being sold to Whitehall Street Real Estate Funds an affiliate of Goldman Sachs for $1.3 billion.[2][3][1] The sale is subject to approval of the Nevada Gaming Commission and the Nevada State Gaming Control Board.
On September 17, 2007, the company changed its name to Icahn Enterprises L.P. and its NYSE ticker symbol from ACP to NYSE: IEP
[edit] Ownership
Carl Icahn is the majority holder with an 87% interest in Icahn Enterprises.
[edit] Subsidiaries and interests
- American Casino & Entertainment Properties
- AREP Gaming
- Arizona Charlie's Boulder
- Arizona Charlie's Decatur
- Aquarius Laughlin
- Stratosphere Las Vegas
- AREP Gaming
- AREP Boardwalk Properties LLC
- ACE Gaming LLC
- The Sands Atlantic City Hotel and Casino, Atlantic City, New Jersey
- A 7.7 acre site (Traymore site) in Atlantic City purchased from Harrah's Entertainment.
- ACE Gaming LLC
- NEG Holding LLC
- Panaco, Inc.
[edit] References
- ^ a b Knight, Arnold M.. "Icahn Sells Southern Nevada casinos", Las Vegas Review-Journal, date=2007-04-24, p. 1A. Retrieved on 2007-04-24.
- ^ "KTNV 11PM newscast", KTNV, 2007-04-23. Retrieved on 2007-04-23.
- ^ "Icahn Company Sells 4 Nevada Casinos to Goldman", New York Times, Reuters, date=2007-04-24. Retrieved on 2007-04-24.
