Icahn May Opt To Sell Some Trump Casinos
Posted on
February 24, 2010 by
Marc
Earlier this month Carl Icahn said, in a deposition, that he may sell two of the three Trump Casinos in Atlantic City if he wins the bankruptcy battle he’s in with Donald Trump.
“You could sell the Marina and the Plaza,” he said in the deposition, taped on Feb. 2.
Icahn added that he has not yet made up his mind, although he believes “it might make some sense to sell them.”
It’s a good thing Icahn is buying these properties at a discount because the value is dropping by the minute. I imagine Icahn knows what he’s getting involved with here, but I’d probably try to run away from these deals, unless I had a huge surplus of money to play with.
he’s a smart dude, he must have something up his sleeves
Brandon, you’re probably right and I wonder what he’s thinking.