Billionaire Carl Icahn Closes The Trump Taj Mahal Casino After Union Standoff
After failing to reach a contract deal with thousands of UNITE Here Local 54 union members, Trump Taj Mahal Casino Resorts in Atlantic City, New Jersey is shutting its doors. Unionized workers have been on strike for 102 days outside of what used to be the most expensive of Donald Trump’s Casino investments in Atlantic City. The property was purchased out of bankruptcy in 2014 by billionaire Carl Icahn, who was then entangled in labor contract talks that centered around pensions and healthcare. The closing of the Casino will result in 3,000 workers losing their jobs.
See "Billionaire Carl Icahn Closes The Trump Taj Mahal Casino After Union Standoff", Antoine Gara, Forbes, October 10, 2016