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Casino Workers March Against Billionaire Investor Carl Icahn
As the Trump Taj Mahal casino hurtled toward closing, hundreds of union members marched on Atlantic City's Boardwalk on Wednesday to denounce billionaire Carl Icahn and his role in its anticipated demise.
Icahn would acquire the casino and its parent company, Trump Entertainment Resorts by swapping the $286 million in company debt he holds for ownership of the company. His planned $100 million investment into the Taj Mahal, however, is contingent on receiving $175 million in state and local tax breaks that have so far have been rejected at every level of government.
http://www.nbcphiladelphia.com/news/local/Casino-Workers-to-March-Against-Billionaire-Investor-Carl-Icahn-283169261.html