Icahn Enterprises Selling Tropicana Entertainment for $1.85 Billion
Carl Icahn’s company is selling its majority-owned gambling subsidiary, Tropicana Entertainment Inc., for about $1.85 billion, Icahn Enterprises LP said Monday.
Tropicana operates casino and entertainment properties in the U.S., including its flagship Tropicana Atlantic City, and a casino-resort in Aruba. Icahn Enterprises owned about 84% of Tropicana as of Dec. 31, according to a filing.
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