Icahn Enterprises
Icahn Enterprises (NYSE: IEP) (formerly American Real Estate Partners) is a diversified holding company based in the General Motors Building in New York City, New York.
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[edit] History
The Sands in Atlantic City and some adjacent property, was sold in November 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.[1][2][3] 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 NYSE ticker symbol from ACP to IEP.
[edit] Ownership
Carl Icahn is the majority holder with an 87% interest in Icahn Enterprises.
[edit] 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
[edit] References
- ^ a b Knight, Arnold M. (2007-04-24). "Icahn Sells Southern Nevada casinos". Las Vegas Review-Journal: p. 1A. http://www.lvrj.com/news/7164676.html. Retrieved 2007-04-24.
- ^ "KTNV 11PM newscast". KTNV. 2007-04-23.
- ^ "Icahn Company Sells 4 Nevada Casinos to Goldman". New York Times (Reuters). 2007-04-24. http://www.nytimes.com/reuters/business/business-americanrealestate-takeover.html. Retrieved 2007-04-24.[dead link]
