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Tag Archives: Carl Icahn

US – Icahn increases his ownership in Caesars to 15.6 per cent

Billionaire Carl Icahn has upped his stake in Caesars Entertainment by five per cent, taking his share from just under 10 per cent to 15.6 per cent; the announcement follows news Icahn has secured board positions at Caesars for Icahn Group executives. Keith Cozza, CEO of Icahn Enterprises, and Courtney Mather and James Nelson, both…

US – Witkoff and New Valley buy Fountainebleau for $600m

Billionaire investor and business magnate Carl Icahn has sold the uncompleted Fontainebleau in Las Vegas for more than four times what he bought it for seven years ago. Witkoff, a global real estate development and investment firm, together with New Valley LLC, an investment company owned by Vector Group, have acquired what they said was…