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Icahn Buys Integrated Resources Unit: Carl C....

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From Times Staff and Wire Reports

Icahn Buys Integrated Resources Unit: Carl C. Icahn won an auction in U.S. Bankruptcy Court for American Property Investors, a real estate holding company of New York-based Integrated Resources. Icahn bid $44-million for the company. The purchase represents an expansion into the real estate business for Icahn.

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