Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549



FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): January 12, 2007

American Real Estate Partners, L.P.

 (Exact name of registrant as specified in its charter)

Delaware
1-9516
13-3398766
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)

767 Fifth Avenue, Suite 4700, New York, NY 10153
(Address of principal executive offices)  (Zip Code)

Registrant’s telephone number, including area code: (212) 702-4300



 (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
Section 8 - Other Events
 
Item 8.01. Other Events.
 
 
On January 12, 2007, we issued a press release, a copy of which is furnished as Exhibit 99.1.
 

 
Section 9 - Financial Statements and Exhibits
 
Item 9.01. Financial Statements and Exhibits.

(d) Exhibits
 

Exhibit 99.1 - Press release dated January 12, 2007.
 
[remainder of page intentionally left blank; signature page follows]

 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
AMERICAN REAL ESTATE PARTNERS, L.P.
 
(Registrant)
       
 
By:
American Property Investors, Inc.
   
General Partner
       
       
   
By:
/s/ Hillel Moerman
     
Hillel Moerman
     
Chief Financial Officer

Date: January 12, 2007




Unassociated Document
EXHIBIT 99.1

FOR IMMEDIATE RELEASE

American Real Estate Partners, L.P. Prices Debt Offering
 
New York, New York, January 12, 2007 — American Real Estate Partners, L.P. (NYSE:ACP) (“AREP”) announced today that due to positive market conditions it has increased its previously announced offering of 7 1/8% senior notes due 2013 from $300 million to $500 million. The transaction is expected to close on January 17, 2007. 
 
AREP, a master limited partnership, is a diversified holding company involved in a variety of businesses. AREP’s businesses currently include gaming, real estate and textiles. To learn more about AREP, please visit www.arep.com.
 
The notes have not been registered under the Securities Act of 1933 or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act of 1933 and applicable state securities laws.
 
This release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “will” or words of similar meaning and include, but are not limited to, statements about the expected future business and financial performance of AREP and its subsidiaries. AREP undertakes no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.
 
For further information, please contact:
Keith Meister
Vice Chairman and Principal Executive Officer
American Real Estate Partners, L.P.
(212) 702-4300