History
The Sands in Atlantic City and some adjacent property, was sold in November 2006 for $274.8 million to Pinnacle Entertainment.
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. The sale is subject to approval of the Nevada Gaming Commission and the Nevada State Gaming Control Board.
On September 17, 2007, American Real Estate Partners changed its name to Icahn Enterprises L.P. and its NYSE ticker symbol from ACP to IEP.
Read more about this topic: Icahn Enterprises
Famous quotes containing the word history:
“Let us not underrate the value of a fact; it will one day flower in a truth. It is astonishing how few facts of importance are added in a century to the natural history of any animal. The natural history of man himself is still being gradually written.”
—Henry David Thoreau (1817–1862)
“Universal history is the history of a few metaphors.”
—Jorge Luis Borges (1899–1986)
“The history of the genesis or the old mythology repeats itself in the experience of every child. He too is a demon or god thrown into a particular chaos, where he strives ever to lead things from disorder into order.”
—Ralph Waldo Emerson (1803–1882)