Icahn Enterprises
 | |
| Type | Master limited partnership |
|---|---|
| Traded as | NASDAQ: IEP |
| Industry | Investment, automotive, gaming, railcar, food packaging, metals, real estate, home fashion |
| Predecessor(s) | American Real Estate Partners L.P. |
| Headquarters |
767 Fifth Avenue, New York, New York, U.S. |
| Key people |
Carl C. Icahn (Chairman of the Board) |
| Services | Holding company |
| Revenue |
 US$ 15.39 billion(FY 2012)[1] |
| Operating income |
US$ 908.0 million(FY 2012)[1] |
| Net income |
 US$ 396.0 million(FY 2012)[1] |
| Total assets |
US$ 24.56 billion(FY 2012)[1] |
| Employees | 60,406 |
| Website | www.ielp.com |
Icahn Enterprises L.P. is a diversified holding company controlled by billionaire investor Carl Icahn and headquartered at the General Motors Building in New York City, New York.
History
The Sands in Atlantic City and some adjacent property, was sold in November 2006 for $274.8 million to Pinnacle Entertainment.[2]
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][4] The sale is subject to approval of the Nevada Gaming Commission and the Nevada State Gaming Control Board.
On September 17, 2007, American Real Estate Partners changed its name to Icahn Enterprises L.P. and its NASDAQ ticker symbol from ACP to IEP. The Company remains a master limited partnership.
Ownership
Chairman of the Board Carl Icahn is the majority shareholder with a 90.5% personal stake in Icahn Enterprises L.P.[5]
Subsidiaries and interests
- American Railcar Industries
- Bayswater Development
- Grand Harbor, Vero Beach, Florida
- New Seabury Properties
- Federal-Mogul
- PSC Metals
- Viskase
- WestPoint Home
- Fontainebleau Resort Las Vegas
References
- ↑ 1.0 1.1 1.2 1.3 "Icahn Enterprises, L.P. (IEP)". Yahoo! Finance.
- ↑ 2.0 2.1 Knight, Arnold M. (2007-04-24). "Icahn Sells Southern Nevada casinos". Las Vegas Review-Journal. p. 1A. Retrieved 2007-04-24.
- ↑ "KTNV 11PM newscast". KTNV. 2007-04-23.
- ↑ "Icahn Company Sells 4 Nevada Casinos to Goldman". New York Times (Reuters). 04-24 2007. Retrieved 2007-04-24.
- ↑ Bary, Andrew (2013-12-11). "Icahn Enterprises Looks Grossly Overvalued". Barron's. Retrieved 2014-01-09.