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