Icahn Enterprises

Icahn Enterprises L.P.

Type	Master limited partnership
Traded as	NASDAQ: IEP
Industry	Investment, automotive, gaming, railcar, food packaging, metals, real estate, home fashion
Predecessor	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]
Number of 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 Casino Hotel and several adjacent lots were purchased for $274.8 million by Pinnacle Entertainment in November 2006.^[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

External links

• Official website