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Icahn snaps up some LightSquared debt: sources
Jan 20, 2012 12:31 EST
BOSTON/NEW YORK (Reuters) - Billionaire investor Carl Icahn is buying some of the debt of hedge fund manager Philip Falcone's LightSquared Inc <MOSAV.UL> as the ailing wireless-network company runs short of cash, according to two sources familiar with the matter.
Falcone eyes mobile asset sales, Icahn invests
Jan 20, 2012 12:31 EST
BOSTON/NEW YORK (Reuters) - Hedge fund manager Philip Falcone is looking at the possibility of selling some wireless assets to raise cash for his financially strapped telecom start-up LightSquared Inc, sources familiar with the matter said on Friday.
U.S. wins three tax cases involving big banks, KPMG
Oct 04, 2011 23:02 EDT
(Reuters) - United States prosecutors said on Tuesday they had won three major cases against American clients of questionable tax shelters including ones used by a Dallas billionaire and Wells Fargo Co. <WFC.N> and others designed by Citibank <C.N> and accounting firm KPMG LLP.
Market could thin the herd of 11 AC casinos
May 20, 2010 17:17 EDT
Survival of the fittest: Market pressures could thin the herd of Atlantic City's 11 casinos. This town isn't big enough for the 11 of us.
Market could thin the herd of 11 AC casinos
May 20, 2010 14:06 EDT
Survival of the fittest: Market pressures could thin the herd of Atlantic City's 11 casinos. This town isn't big enough for the 11 of us.
Icahn reopens bankruptcy fight for 3 Trump casinos
May 17, 2010 17:06 EDT
Icahn, Beal Bank appeal ruling over 3 Trump casinos in Atlantic City in bankruptcy battle. Carl Icahn and Dallas-based Beal Bank are continuing to fight for control of the three Trump Entertainment Resorts casinos in Atlantic City.
Trump, bondholders win Atlantic City casinos
Apr 12, 2010 23:21 EDT
NEW YORK (Reuters) - Real estate mogul Donald Trump and a group of bondholders won control of the three Atlantic City casinos of Trump Entertainment Resorts Inc <TRMPQ.PK>, a bankruptcy court judge ruled on Monday.
Icahn now owns whole mortgage on Trump casinos
Apr 02, 2010 09:02 EDT
Icahn buys remaining half of mortgage on Trump casinos he wants to buy out of bankruptcy. Carl Icahn has bought the remaining half of the $500 million mortgage on the three Trump Entertainment Resorts casinos he's trying to buy out of bankruptcy.
Trump takes the stand in bid for namesake casinos
Feb 25, 2010 18:35 EST
CAMDEN, New Jersey (Reuters) - Celebrity real estate developer Donald Trump, optimistic about a casino comeback, took the stand in U.S. bankruptcy court on Thursday to fight for control of the three Atlantic City hotel-casinos bearing his name.
Trump takes the stand in fight over NJ casinos
Feb 25, 2010 13:07 EST
CAMDEN, New Jersey (Reuters) - Celebrity real estate developer Donald Trump, optimistic about a casino comeback, took the stand in U.S. bankruptcy court to fight for control of the three Atlantic City hotel-casinos bearing his name.
Trump, Ichan compete for 3 Atlantic City casinos
Feb 23, 2010 15:04 EST
Trump, Icahn begin their real-life Monopoly game for control of 3 Atlantic City casinos. Lawyers for billionaires Donald Trump and Carl Icahn made their opening courtroom moves Tuesday in a real-life version of Monopoly over who should control some prized Atlantic City property.
Seven More Banks Fail
Dec 19, 2009 19:00 EST
Toll for year rises to 140. It was a busy week for federal banking regulators, who shut down failed banks in Alabama, California, Florida, Georgia, Illinois and Michigan. The seven failed banks pushed the toll for 2009 to 140.
Regulators shutter 2 big Calif. banks, 5 others
Dec 18, 2009 21:10 EST
Regulators shut down California's Imperial Capital, First Federal and banks in 5 other states. Regulators on Friday shut down two big California banks, as well as banks in Alabama, Florida, Georgia, Michigan and Illinois, bringing to 140 the number of U.S. banks brought down this year by the weak economy and mounting loan defaults.
Judge sets stage for Trump, Icahn casino battle
Dec 14, 2009 19:13 EST
WASHINGTON (Reuters) - A U.S. bankruptcy judge said on Monday that she would allow billionaire Carl Icahn and real estate titan Donald Trump to battle for control of casino operator Trump Entertainment Resorts Inc <TRMPQ.PK>.
Icahn buys 1st-lien debt of Trump's casino company
Dec 11, 2009 14:23 EST
Billionaire investor Carl Icahn buys 1st-lien bank debt of Trump Entertainment. Billionaire investor Carl C. Icahn said Friday he has agreed to buy a majority of the first-lien bank debt of Trump Entertainment Resorts Holdings, which owns three resorts in Atlantic City, N.J.
Casinos back Trump, bondholder plan to buy company
Dec 03, 2009 17:10 EST
Trump Entertainment Resorts backs plan by bondholders and Donald Trump to buy 3 AC casinos. Trump Entertainment Resorts backed a plan Thursday to let bondholders buy the company's three Atlantic City casinos out of bankruptcy and give Donald Trump a minority share.
Beal Bank makes play for Trump casinos
Nov 25, 2009 22:38 EST
NEW YORK (Reuters) - Beal Bank has made a restructuring proposal for bankrupt Trump Entertainment Resorts' <TRMPQ.PK> Atlantic City casinos that would give it a 65 percent stake in the casinos company, the bank's attorney said on Wednesday.
Beal Bank makes its own bid for 3 Trump casinos
Nov 25, 2009 22:06 EST
Beal Bank, once allied with Donald Trump, makes its own bid for 3 Trump casinos. A Dallas bank that was once allied with Donald Trump in a bid to buy the three Atlantic City Trump casinos out of bankruptcy protection now wants to buy them on its own.
Trump, bondholders reach deal over 3 NJ casinos
Nov 17, 2009 23:43 EST
Trump, bondholders reach deal over 3 Trump casinos in Atlantic City; Trump keeps 10 pct stake. Donald Trump ended his war with bondholders of the casino company that bears his name, settling Tuesday for 10 percent of Trump Entertainment Resorts once it emerges from bankruptcy.
