Carl Icahn: Taj Ownership Issues Letter To Taj Employees

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Taj Ownership Issues Letter To Taj Employees by Carl Icahn To: All Taj Employees From: Taj Ownership Date: August 4, 2016 Yesterday we announced that the Taj would close after the Labor Day weekend.  This was not an easy decision.  Icahn Enterprises has lost almost $100 million trying to save the Taj.  It is important to remember that Icahn Enterprises wasn’t involved, in any way whatsoever, with the Taj management and ownership that put the Taj into bankruptcy. Icahn Enterprises in no way created the dire circumstances that the Taj found itself in at that time.  When the prior equity…

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