Articles tagged “carl icahn”

Billionaire Investor Carl Icahn Pushes Caesars to Sell Itself

Billionaire Investor Carl Icahn Pushes Caesars to Sell Itself

Christopher Palmeri and Scott Deveau, Bloomberg

This is a big deal, considering Icahn's nearly 10 percent stake in the company, and his history of mergers and acquisitions in the casino industry. Is this the beginning of the end for Caesars as an independent company?

8 months ago

Development of Fontainebleau Resort in Las Vegas Gets Kickstarted by New Tax Law

Development of Fontainebleau Resort in Las Vegas Gets Kickstarted by New Tax Law

Oshrat Carmiel, Bloomberg

There's no question that the new U.S. tax law will benefit business, including developers such as Steven Witkoff. The issue is whether the law will negatively impact the working and middle classes, and trigger a runaway deficit.

2 years ago

Trump Taj Mahal, Atlantic City’s Largest Casino, Will Close and Kill 3,000 Jobs

Trump Taj Mahal, Atlantic City’s Largest Casino, Will Close and Kill 3,000 Jobs

Wayne Parry , Associated Press

Carl Icahn could be bluffing about closing the Trump Taj Mahal Casino, seeking to bring the property's union to its knees. But closing it wouldn't be fun and games for the hotel's workforce or for an Atlantic City almost on life support.

3 years ago

Lyft Takes $100 Million Investment From Activist Investor Carl Icahn

Lyft Takes $100 Million Investment From Activist Investor Carl Icahn

Associated Press

Carl Icahn's investment -- a smart one for him -- shows just how badly Lyft needed the money.

4 years ago