The Real Deal New York

Carl Icahn looks to strike a deal with union at Trump Taj Mahal

Icahn would restore health-care benefits if the unions drop court appeal

November 23, 2014 03:00PM

From left: Carl Icahn and Trump Taj Mahal in Atlantic City

From left: Carl Icahn and Trump Taj Mahal in Atlantic City

It seems that billionaire investor Carl Icahn is making some concessions in his battle against unionized workers at the bankrupt Trump Taj Mahal in Atlantic City.

The casino’s largest debtholder and potential buyer has offered to restore health-care benefits for 1,100 workers — if the union drops its appeal of a court decision that terminated its labor contract, according to the New York Post.

Moreover, Icahn has expressed his willingness to give union workers some pension benefits, sources told the Post.

In the past Icahn had vowed to let the Taj collapse before keeping the current union pact. [NYP]Christopher Cameron

  • pr64

    please, please, please don’t let the taj close!!! too many good people will be out of work and the taj regulars will be out of a “home”. the taj can be the gem of the boardwalk again with the right management.

  • jalo12

    I agree pr happy turkey day see you at the borgata

  • jalo12

    hang in there pr here they are going to rebuild the sands and open clarige for gambling

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