Developer submits $170M bid for Fontainebleau

01/20/2010 | Las Vegas Review-Journal

Real estate developer Luke Brugnara said he submitted a bid of $170 million for the bankrupt Fontainebleau on the Las Vegas Strip. The building, which is 70% complete, will be auctioned off Thursday in bankruptcy court. Billionaire Carl Icahn previously submitted a "stalking horse" bid of $156.6 million for the Fontainebleau.

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