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:
“Every generation rewrites the past. In easy times history is more or less of an ornamental art, but in times of danger we are driven to the written record by a pressing need to find answers to the riddles of today.... In times of change and danger when there is a quicksand of fear under men’s reasoning, a sense of continuity with generations gone before can stretch like a lifeline across the scary present and get us past that idiot delusion of the exceptional Now that blocks good thinking.”
—John Dos Passos (1896–1970)
“The foregoing generations beheld God and nature face to face; we, through their eyes. Why should not we also enjoy an original relation to the universe? Why should not we have a poetry and philosophy of insight and not of tradition, and a religion by revelation to us, and not the history of theirs?”
—Ralph Waldo Emerson (1803–1882)
“... the history of the race, from infancy through its stages of barbarism, heathenism, civilization, and Christianity, is a process of suffering, as the lower principles of humanity are gradually subjected to the higher.”
—Catherine E. Beecher (1800–1878)