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New Jersey aims to punish Icahn for closing Trump Taj Mahal casino
TRENTON, N.J. (AP) — New Jersey lawmakers are about to give final approval to a bill that would punish billionaire investor Carl Icahn for closing Atlantic City's Trump Taj Mahal casino.
The state Assembly is to vote Monday on a bill that would impose a five-year license suspension for anyone shutting down a casino after Jan. 2016.
That means it would only apply to Icahn at this point, even though four other casinos have closed since 2014.
President-elect Donald Trump built the casino in 1990, but cut most ties with Atlantic City in 2009.
Read more: http://www.heraldcourier.com/news/nj-aims-to-punish-icahn-for-closing-trump-taj-mahal/article_b7d0539c-5d43-5bd0-86ad-77ff4cb83830.html