Icahn may be looking at LV Hilton
Wednesday, Nov. 26, 2003 | 10:52 a.m.
A real estate limited partnership controlled by investor Carl Icahn is in talks with a company regarding the possible acquisition of a hotel-casino with about 3,000 rooms in Las Vegas -- and analysts say that property is probably the Las Vegas Hilton.
In a document filed with the Securities and Exchange Commission this month, American Real Estate Partners LP -- of which Icahn owns about 86 percent -- intends to "further explore investments in the casino and entertainment sectors" as well as the energy industry and other real estate opportunities.
Analysts believe the Las Vegas Hilton, which has more than 2,900 rooms, is a likely target for the Mount Kisco, N.Y.-based partnership. In Las Vegas, Icahn companies already control the Stratosphere hotel-casino and the two Arizona Charlie's hotel-casinos.
American Real Estate Partners made no mention of the possible purchase in a statement announcing its third quarter earnings Nov. 14 that was filed along with the SEC document.
The company had been contacted by the New York Stock Exchange regarding a sudden increase in price and volume of the company's shares but said it wasn't aware of any reason for the stock gain that wasn't already disclosed.
Park Place Entertainment Corp., owner of the Las Vegas Hilton, declined comment on whether it's in talks with Icahn to sell the property.
archive
- Most Read
- Discussed
- Most E-mailed
- Metro admits to improper release of criminal history data
- Wonder drug for men no success story
- CityCenter: One man’s concept of a real city
- Locomotives win inaugural UFL championship
- If Palin’s book is so bad, then why is it a best-seller?
- Was a foiled bank heist a cry for help?
- Bellfield tolls again for UNLV in 76-71 win over Louisville
- Metro corrections officer remembered for his love of family
- UNLV recalls last year’s close shave at Louisville
- Live game blog: Bellfield, UNLV come through late, upset No. 16 Louisville
Blogs
The Kats Report
If the message is 'rock out,' then KISS is indeed a message band (1 Comment)
Could a savior of shuttered Las Vegas Art Museum be ... Peter Max? (6 Comments)
For Paul Stanley and KISS, rock and roll is not over (6 Comments)
Twenty years ago today, Human Nature took root on the farm (1 Comment)
Robin Leach's Las Vegas Celebrity Watch
Photo Gallery: Donny Osmond’s triumphant return to the Flamingo
The Kats Report
'DWTS' champ Donny Osmond still deft afoot in return to Flamingo (8 Comments)
Politics: The Early Line
Meeting of GOP governors draws challengers, not Gibbons (5 Comments)
Calendar »
- 29 Sun
- 30 Mon
- 1 Tue
- 2 Wed
- 3 Thu
-
Tahoe Takeover at The Bank
The Bank | 10 p.m. to 11:59 p.m.
-
Playboy Club model search
Playboy Club | 10 p.m. to 11:59 p.m.
-
Queen of Queens at Revolution Lounge
Beatles Revolution Lounge | 10 p.m. to 11:59 p.m.
-
Zowie Bowie's Vintage Vegas Show at Monte Carlo
Lance Burton Theater
The Sun
Locally owned and independent for more than 50 years.
Technorati









