American Real Estate Partners, LP

American Real Estate Partners, LP
Item# 2787
Regular Price..... $6.00
Now Only..... $2.97

American Real Estate Partners, LP
American Real Estate Partners, L.P. is a diversified holding company engaged in a variety of businesses. Incorporated in Delaware, the company’s headquarters are located in Mount Kisco, New York. The company’s businesses currently include hotel and casino operations; oil and natural gas exploration and production; rental real estate; real estate development; hotel and resort operation; home fashion and investments in equity and debt securities.

An arm of billionaire corporate raider Carl Icahn (who owns 87%), AREP's real estate holdings include residential subdivisions, condominiums, hotels, and golf courses, but the firm has started to play games. Its biggest moneymaker (about half of its revenues) is the Stratosphere Casino, Hotel, and Tower in Las Vegas, which it bought in association with other Icahn interests, brought out of bankruptcy, and renovated. AREP plans to work similar magic with recent casino acquisitions Arizona Charlie's Boulder and Arizona Charlie's Decatur as well as the Sands Hotel and Casino.

Certificate: Depository Receipt, issued in the 1980’s

Printer: Security-Columbian/United States Bank Note Company

Dimensions: 8” (h) x 12” (w)

State: NY-New York

Subject Matter: Real Estate and Related

Vignette Topic(s): Stylized Modern

Condition: Vertical fold lines, punch hole cancels in signature areas and body, and some toning and edge faults from age.

All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.