Carl Icahn’s Trump Taj Mahal closes for good, less than a year after he bought it

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Corporate raider Carl Icahn does it again; Trump Taj Mahal couldn’t escape closure for longer than seven and a half months after Icahn purchased it. The casino closes on October 10, 2016.

Icahn purchased Trump Entertainment Resorts to save the Trump Taj Mahal from bankruptcy in February.

In 2014, he spent $20 million to keep it afloat.

Casino workers in Atlantic City went on strike in July. Most of the casinos met the union’s demands, but not Trump Taj Mahal.

Anyone who knows Icahn’s history wouldn’t be surprised at his inability to meet workers’ demands. In 1985 when flight attendants at an airline he purchased (and destroyed) demanded higher wages, he said being poor is their own fault for not marrying wealthy partners.

Source

https://money.cnn.com/2016/10/10/news/companies/trump-taj-mahal-closed/index.html

Photo: Shinya Suzuki

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Dates on Trump File reflect when something happens, not when it's first reported.

Corporate raider Carl Icahn does it again; Trump Taj Mahal couldn’t escape closure for longer than seven and a half months after Icahn purchased it. The casino closes on October 10, 2016.

Icahn purchased Trump Entertainment Resorts to save the Trump Taj Mahal from bankruptcy in February.

In 2014, he spent $20 million to keep it afloat.

Casino workers in Atlantic City went on strike in July. Most of the casinos met the union’s demands, but not Trump Taj Mahal.

Anyone who knows Icahn’s history wouldn’t be surprised at his inability to meet workers’ demands. In 1985 when flight attendants at an airline he purchased (and destroyed) demanded higher wages, he said being poor is their own fault for not marrying wealthy partners.

Source

https://money.cnn.com/2016/10/10/news/companies/trump-taj-mahal-closed/index.html

Photo: Shinya Suzuki

NOTE FROM TF

Some files are incomplete as the site is still young and Trump world moves fast. Please use the source links to read further if a topic interests you or if you doubt its authenticity. I plan to go back and build on every file in the future.

If there is content you'd like to add context to or something that should be corrected, please contact us by clicking here or email us at trumpfile@protonmail.com

Support The Site:

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