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

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