Trump Hotels Plans to Seek Bankruptcy
Article Abstract:
Trump Hotels and Casino Resorts plans to file for bankruptcy protection before the end of September. The company is $1.8 billion in debt, but hopes to reorganize with new financing and under new management, with Donald Trump stepping down as chief executive and reducing his 56 percent stake to a 25 percent stake.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
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Now, Reality for Trump Looks More Like 'Survivor'
Article Abstract:
Credit Suisse First Boston plans to invest $345 million in Trump Hotels and Casino Resorts Inc. have fallen through. The hotel company is now looking for will now have to find a way to restructure its debt with new investors.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
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Trump Hotels Said to Reach Deal to Avoid Bankruptcy
Article Abstract:
Trump Hotels and Casino Resorts Inc. has reached a preliminary agreement with its investors in order to restructure debt and to leave Donald Trump as chairman and chief executive officer.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
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Comment about this article or add new information about this topic:
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