THE BOT­TOM LINE

$1.85B

Sun Sentinel Broward Edition - - MARKETS -

That’s the value of a deal Carl Ic­ahn’s com­pany struck Mon­day that would fuse the gam­bling and ho­tel op­er­a­tions of Trop­i­cana En­ter­tain­ment to El­do­rado Re­sorts Inc. The agree­ment in­cludes the sale of Trop­i­cana En­ter­tain­ment Inc.’s real estate to Gam­ing and Leisure Prop­er­ties Inc. It doesn’t in­clude Trop­i­cana’s Aruba as­sets, which will be dis­posed of as a con­di­tion to clos­ing. Ic­ahn En­ter­prises bought a stake in Trop­i­cana in 2008.

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