Star Tribune emerges from bankruptcy protection with new ownership, reduced debtSeptember 30th, 2009 Star Tribune emerges from bankruptcy protectionMINNEAPOLIS — The Star Tribune of Minneapolis has emerged from bankruptcy protection with new ownership and reduced debt. In emerging from Chapter 11 on Monday, the Star Tribune is now owned primarily by its senior lenders, led by investment group Angelo, Gordon & Co.
A look at Atlantic City's casino labor situationSeptember 15th, 2009 A look at Atlantic City's casino labor situationWHAT: Two unions — Local 54 of UNITE-HERE, representing 15,000 room cleaners, beverage servers and other workers at all 11 Atlantic City casinos, and the United Auto Workers, which represents about 3,000 dealers, technicians and other workers at four casinos — are bargaining with the gambling houses. WHAT'S AT STAKE: Local 54 is seeking a new two- or three-year contract and is farther along in talks than the UAW, which is seeking first-ever dealer contracts with the Tropicana Casino and Resort, Bally's Atlantic City, Caesars Atlantic City and Trump Plaza Hotel and Casino.
Group led by investor Carl Icahn gets NJ casino regulators' approval to buy TropicanaAugust 26th, 2009 NJ approves new Tropicana ownership led by IcahnATLANTIC CITY, N.J. — New Jersey regulators approved a plan Wednesday for the former corporate parent of Atlantic City's bankrupt Tropicana Casino and Resort to operate the business again as a reorganized company owned by a group of investors led by billionaire Carl Icahn.
Frank Fertitta Jr., founder of Station Casinos, dies at age 70August 22nd, 2009 Station Casinos founder Fertitta dies at 70LAS VEGAS — Frank Fertitta Jr., the founder of casino operator Station Casinos Inc. who retired when his sons took the company public in 1993, has died.
Las Vegas tourism to hire a terrorist analystAugust 17th, 2009 Las Vegas tourism to hire a terrorist analystLAS VEGAS — Tourism officials in Las Vegas plan to hire a terrorist intelligence analyst in part to assure conventioneers that they will be safer in Las Vegas than if they meet in other cities. The board of the Las Vegas Convention and Visitors Authority approved about $480,000 in funding for the next three years for the position.
Icahn rep says new owners will take 'conservative' approach to running NJ's TropicanaJuly 27th, 2009 Icahn rep: Will be 'conservative' at NJ TropicanaATLANTIC CITY, N.J. — The new owners of the Tropicana Casino and Resort plan to take "a pretty conservative approach" to spending money on additions to the gambling hall, a company official said Monday.
Sold! Icahn group gets Atlantic City Tropicana at bankruptcy auction for 80 percent offJune 12th, 2009 Icahn group buys AC Tropicana casino, 80 pct offCAMDEN, N.J. — Billionaire investor Carl Icahn is back in the Atlantic City casino business for what amounts to at least 80 percent off.
Bankruptcy judge approves sale of Atlantic City Tropicana to Icahn-led group at 80 percent offJune 12th, 2009 Icahn investor group gets AC Tropicana for cheapCAMDEN, N.J. — Billionaire investor Carl Icahn is back in the Atlantic City casino business.
Perfect timing helps debt holder group including Icahn land Atlantic City's Tropicana casinoJune 1st, 2009 Perfect timing helps Icahn group land AC TropicanaATLANTIC CITY, N.J. — Who says you can't time the market?
When the Tropicana Casino and Resort was put up for sale in Jan.
Investor group including Icahn appears to be winner of Atlantic City's Tropicana casinoMay 30th, 2009 Icahn group appears to be winner of NJ TropicanaATLANTIC CITY, N.J. — A group including billionaire investor Carl Icahn appeared to have won the right to buy the Tropicana Casino and Resort at the bargain price of $200 million after no additional bids were submitted by the Friday deadline.
No new bids submitted for NJ Tropicana casino, but lawyer says late offer may materializeMay 30th, 2009 No new NJ Tropicana bids, but late offer may comeATLANTIC CITY, N.J. — No new bids for the Tropicana Casino and Resort were submitted by the Friday deadline, but a lawyer involved in the bankruptcy court auction said an after-hours offer from a potential purchaser might still materialize.
Chrysler CEO Nardelli says he'll leave company after it emerges from bankruptcy protectionApril 30th, 2009 Chrysler's CEO says he'll leave after bankruptcyDETROIT — Chrysler CEO Robert Nardelli will leave his post after the company emerges from bankruptcy protection, ending nearly two years of leadership that has seen sales and earnings slump as U.S. auto sales crumbled.
NJ regulators authorize bankruptcy sale for Atlantic City's TropicanaApril 29th, 2009 Bankruptcy sale authorized for AC TropicanaATLANTIC CITY, N.J. — The Tropicana Casino and Resort in Atlantic City, N.J., will be auctioned off to the highest bidder in U.S.
New Jersey regulators authorize bankruptcy sale for Atlantic City's TropicanaApril 29th, 2009 Bankruptcy sale authorized for NJ casino TropicanaATLANTIC CITY, N.J. — The Tropicana Casino and Resort in Atlantic City, N.J., is about to enter bankruptcy court, where it will be auctioned off to the highest bidder.
New Jersey regulators authorize cut-price auction for Atlantic City's Tropicana CasinoApril 29th, 2009 NJ OKs cut-price auction for Atlantic City casinoATLANTIC CITY, N.J. — New Jersey regulators on Wednesday authorized what could be an 80 percent-off sale for one of Atlantic City's largest casinos, permitting the Tropicana Casino and Resort to be sold in a bankruptcy court auction.