Icahn Enterprises

Icahn Enterprises

Icahn Enterprises (IEP) is a diversified holding company based in White Plains, New York.

History

The Sands in Atlantic City and some adjacent property, was sold in November 2006 for $274.8 million to Pinnacle Entertainment. cite news |first= Arnold M.|last=Knight |authorlink= |author= |coauthors= |title= Icahn Sells Southern Nevada casinos|url=http://www.lvrj.com/news/7164676.html |format= |work=Las Vegas Review-Journal |publisher= |date=date=2007-04-24 |accessdate= 2007-04-24|page=1A ]

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. [cite news |first= |last= |authorlink= |author= |coauthors= |title=KTNV 11PM newscast |url= |format= |work= |publisher= KTNV|id= |pages= |page= |date=2007-04-23 |accessdate= 2007-04-23 |language= |quote= ] cite news |first= |last= |authorlink= |author= |coauthors= |title= Icahn Company Sells 4 Nevada Casinos to Goldman|url= http://www.nytimes.com/reuters/business/business-americanrealestate-takeover.html |format= |work=New York Times |publisher= Reuters |date=date=2007-04-24 |accessdate= 2007-04-24 ] cite news |first= Arnold M.|last=Knight |authorlink= |author= |coauthors= |title= Icahn Sells Southern Nevada casinos|url=http://www.lvrj.com/news/7164676.html |format= |work=Las Vegas Review-Journal |publisher= |date=date=2007-04-24 |accessdate= 2007-04-24|page=1A ] 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

Ownership

Carl Icahn is the majority holder with an 87% interest in Icahn Enterprises.

ubsidiaries and interests

*American Casino & Entertainment Properties
**AREP Gaming
***Arizona Charlie's Boulder
***Arizona Charlie's Decatur
***Aquarius Laughlin
***Stratosphere Las Vegas
*AREP Boardwalk Properties LLC
**ACE Gaming LLC
***The Sands Atlantic City Hotel and Casino, Atlantic City, New Jersey
***A convert|7.7|acre|m2|sing=on site (Traymore site) in Atlantic City purchased from Harrah's Entertainment.
*NEG Holding LLC
*Panaco, Inc.

References

External links

* [http://www.icahnenterprises.com/ Icahn Enterprises web site]


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