N.J. approves Icahn as Tropicana Atlantic City owner

03/3/2010 | Reuters

Billionaire Carl Icahn received interim approval from the New Jersey Casino Control Commission as owner of the Tropicana Casino Resort in Atlantic City. "Carl Icahn's return to the business of gaming in New Jersey certainly brings ... signs of rejuvenation and optimism in the market," said Sharon Anne Harrington, the commission's vice chair. Icahn acquired the Tropicana for $200 million in a bankruptcy auction last year.

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