Atlantic City's Tropicana in hands of billionaire investor Icahn after 2 years of wrangling It took more than two years, nearly $12 million in fees to lawyers and others and a billionaire's bargain-basement bid, but the Tropicana Casino and Resort has been ...
Sale of NJ's Tropicana casino to billionaire Carl Icahn expected to close today It took more than two years, nearly $7.8 million in fees to lawyers and others and a billionaire's bargain-basement bid, but the Tropicana Casino and Resort has been salvaged ...
NJ ends its control of Tropicana; Carl Icahn can take charge of the struggling casino New Jersey on Wednesday ended its conservatorship of Tropicana Casino and Resort after 27 months and gave final approval of its sale to billionaire Carl Icahn. The ...
This company can earn $4-$5 per share next year Carl Icahn is ready for a brawl... Back in October, we told you how a rogue virus had infected the manufacturing facilities of Genzyme, the biotech bellwether. The FDA ordered Genzyme to shut ...
CAMDEN, New Jersey (Reuters) - Celebrity real estate developer Donald Trump, optimistic about a casino comeback, took the stand in U.S. bankruptcy court on Thursday to fight for control of the three Atlantic City hotel-casinos bearing his name. In just over an ...
<div><p>Billionaire investor Carl Icahn offered a six billion dollar loan Monday to ailing lending giant CIT Group, calling it an alternative to a plan he said favors large bondholders.</p><p>Icahn made the offer in a letter to the board of the troubled business ...
<div><p>NEW YORK (Reuters) - CIT Group Inc <CIT.N> warned bond holders that if they failed to exchange their debt or approve a prepackaged bankruptcy, the commercial finance company -- and its debt investors' returns -- could suffer mightily.</p><p>The company said that, without ...
<div><p>SAN FRANCISCO (Reuters) - Billionaire activist investor Carl Icahn gave up his seat on the Yahoo Inc <YHOO.O> board of directors on Friday, closing a tumultuous chapter in the Internet company's 15-year history.</p><p>Icahn said in a letter to the board he did ...
<div id="subtitle">Carl Icahn resigns from Yahoo's board, saying his work is done after nearly 15 months</div><div><p>Activist investor Carl Icahn has decided his work is done at Yahoo Inc. after muscling his way on to the slumping Internet company's board nearly 15 months ...
<div><p>Billionaire investor Carl Icahn resigned from his position on the Yahoo! board, saying the US Internet giant no longer needed an "activist" director like him.</p><p>"I don't believe that it is necessary at this time to have an activist on the board of ...
