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Tropicana for sale

Carl Icahn announced on Monday an agreement to sell Tropicana Entertainment Inc. for $1.85 billion. \nTropicana will sell its real estate to Gaming and Leisure Properties, Inc. and merge its gaming and hotel operations into Eldorado Resorts Inc. for aggregate consideration of approximately $1.85 billion, according to a release from Icahn Enterprises L.P.\nThe sale includes the Tropicana Atlantic City as part of the deal. April 16, 2018

Source: Press of Atlantic City

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