Court OK leaves only regulatory hurdle for Trop AC sale (Dealscape

A New Jersey judge has approved the sale of the Garden State's largest casino after nobody but a group of debtholders, including Carl Icahn, were willing to roll the dice.

Bankrupt Adamar of New Jersey Inc. won court approval to sell the Tropicana Casino & Resort in Atlantic City, N.J., to a group led by Credit Suisse Group that includes Icahn, after canceling a Section 363(a) auction because no competing bids emerged.

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92 company pages related to Casinos
66 in-depth reports of Bankruptcy Auctions in the Leisure sector
39 articles related to Tropicana Casino & Resort
30 articles related to Adamar of New Jersey Inc.
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NOT A SUBSCRIBER? Court OK leaves only regulatory hurdle for Trop AC sale Posted on June 16, 2009 9:13 AM A New Jersey judge has approved the sale of the Garden State's largest casino after nobody but a group of debtholders, including Carl Icahn, were willing to roll the dice. Bankrupt Adamar of New Jersey Inc. won court approval to sell the Tropicana Casino & Resort in Atlantic City, N.J., to a group led by Credit Suisse Group that includes Icahn, after canceling a Section 363(a) auction because no competing bids emerged. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 92 company pages related to Casinos 66 in-depth reports of Bankruptcy Auctions in the Leisure sector 39 articles related to Tropicana Casino & Resort 30 articles related to Adamar of New Jersey Inc. 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Skadden Arps Idearc Inc. Deutsche Bank Amusement parks Deb Shops Windstream Corp. Concho Resources Hanna Andersson Tween Brands Edward Bastian		EXISTING USERS Username Password Forget your password? Missing a product?

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