Icahn Enterprises initially bought a stake in Tropicana in 2008.
It doesn't include Tropicana's Aruba assets, which will be disposed of as a condition to closing. The agreement includes the sale of Tropicana Entertainment Inc.'s real estate to Gaming and Leisure Properties Inc. (AP) - Carl Icahn's company struck an approximately $1.85 billion deal Monday that would fuse the gambling and hotel operations of Tropicana Entertainment to Eldorado Resorts Inc.