Icahn to sell Trump Taj Mahal

Billionaire investor Carl Icahn yesterday announced plans to sell the shuttered Trump Taj Mahal in Atlantic City.

Also yesterday, Gov. Chris Christie vetoed a bill that would have punished Icahn for closing the resort. New Jersey Senate President Steve Sweeney came out against Christie’s veto, saying it would only benefit Icahn and the casino’s namesake, President Donald Trump.

“I believe other large investors will similarly have no interest in investing significant amounts in Atlantic City or New Jersey as long as Sweeney is in control of the Senate,” Icahn said in a statement.

Read more from The Press of Atlantic City.