Icahn: Senate leader ‘selling out’ Atlantic City

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ATLANTIC CITY, N.J. (AP) — Carl Icahn accused New Jersey’s Senate president of “selling out” Atlantic City by considering casinos near New York City, while the legislative leader said the state wouldn’t give the billionaire investor the tax breaks he is seeking.

Icahn responded Friday to stinging criticism by state Senate President Steven Sweeney and others about Icahn’s role in a proposed bailout of the struggling Trump Taj Mahal Casino Resort. Icahn said he would give the casino $100 million, but only in return for union givebacks and tax credits.

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