Tropicana Entertainment Inc (TPCA.PK)
18 Apr 2018
April 16 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Shire, the London-listed rare diseases specialist that is a potential takeover target for Japan's Takeda Pharmaceutical, is selling its oncology business to unlisted French drugmaker Servier for $2.4 billion. ** Pebblebrook Hotel Trust has sweetened its $3 billion-plus offer to buy U.S. peer LaSalle Hotel Properties after the owner of high-end locations including 'W' Los Angeles s
Billionaire investor Carl Icahn is cashing out of casino business Tropicana Entertainment in a $1.85 billion deal that will see Eldorado Resorts picking up Tropicana's casino operations including its crown jewel in Atlantic City.
* Tropicana's gaming and hotel operations to merge with Eldorado
BRIEF-Icahn Enterprises Announces Definitive Agreement To Sell Tropicana Entertainment Inc. For $1.85 Billion
* ICAHN ENTERPRISES L.P. ANNOUNCES DEFINITIVE AGREEMENT TO SELL TROPICANA ENTERTAINMENT INC. FOR $1.85 BILLION
April 16 Casino operator Eldorado Resorts Inc said on Monday it agreed to buy Tropicana Entertainment Inc in a deal valued at $1.85 billion in cash.