Trump Entertainment favors Donald Trump buyout plan

12/4/2009 | Press of Atlantic City (N.J.), The

Trump Entertainment Resorts backed a buyout plan from bondholders and Donald Trump that would buy the casinos for $225 million over an offer to convert mortgages from billionaire banker Andy Beal. Trump Entertainment operates three Atlantic City casinos: Trump Taj Mahal Casino Resort, Trump Plaza Hotel and Casino and Trump Marina Hotel Casino. The casino company filed for bankruptcy in February.

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Press of Atlantic City (N.J.), The

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