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:
“Tell me of the height of the mountains of the moon, or of the diameter of space, and I may believe you, but of the secret history of the Almighty, and I shall pronounce thee mad.”
—Henry David Thoreau (1817–1862)
“We may pretend that we’re basically moral people who make mistakes, but the whole of history proves otherwise.”
—Terry Hands (b. 1941)
“It’s not the sentiments of men which make history but their actions.”
—Norman Mailer (b. 1923)