Trump Casinos calls off talks with CSFB for investment deal

09/23/2004 | Wall Street Journal, The

Trump Hotels & Casino Resorts says it has mutually ended talks with Credit Suisse First Boston's DLJ Merchant Banking unit for an equity investment. Under a prenegotiated plan, CSFB was to invest $345 million in the recapitalized company, with Donald Trump investing $55 million, but the discussions have been called off and Trump Hotels says it is pursuing other alternatives with bondholders.

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