The issue is important not only nationally, but also locally, his aides say, because 85 percent of the guns used in crimes in New York City are acquired out-of-state.
Mr. Icahn struggled for years to turn around Trans World Airlines, which was acquired out of bankruptcy by American Airlines last year.
The property, H House, was acquired out of a distress situation and after eight years of tedious effort is now economically healthy.
Most of Grand Union's assets are being acquired out of bankruptcy-court protection by C&S Wholesale, Grand Union's main supplier, and many of the stores are being immediately resold.
The hospital's turnabout started in 2008 when it was acquired out of bankruptcy by a consortium of buyers in a deal valued at about $41 million.
NEW YORK TIMES Chrysler's Profit Quadruples | The car maker said it earned $473 million in the first quarter, compared with $116 million a year earlier, continuing a remarkable turnaround for a company that was acquired out of bankruptcy in 2009, The New York Times reports.
The Buffalo Sabres are the most improved franchise based on several key yardsticks since they were acquired out of bankruptcy by Tom Golisano four years ago.
Redbox is in competition with Netflix, which offers rental by mail and the internet, and traditional brick and mortar rental stores like Blockbuster, which was acquired out of bankruptcy by Dish Network.
Sixty percent of its top leaders have left this year, while its share price has struggled and talks for it to be acquired fizzled out.
UTILITIES -- Over the past decade, most of the state's large public utilities have been acquired by out-of-state corporations, with the attendant diminution of centralized management employment in New Jersey.
