Fontainebleau To Icahn

Carl Icahn is the winner for the bankrupt Fontainbleau in Las Vegas.

Carl Icahn is expected to take over ownership of the bankrupt Fontainebleau Las Vegas resort after two potential competitors vying to buy the property failed to submit qualifying bids as of a 5 p.m. deadline Friday.

First things first. I hope Carl Icahn unbrands the Fontainebleau name. Second, I’ve mused about Icahn moving the Tropicana name over to the Fontainebleau project. With the Tropicana going with a south beach theme it may make sense to switch brands with hotels as Fontainbleau was originally a Miami hotel icon.