Trump Resurrection - 2004-02-13
Trump Hotels & Casino Resort, a substantial element of real estate financier Donald Trump's portfolio, disclosed yesterday that it had entered into a conditional deal with Credit Suisse's private equity branch to recapitalize Trump Hotel's balance sheet for the amount of $400 million.
Following the recapitalization, the banking subsidiary, DLJ Merchant Banking, will emerge as the majority owner of Trump Hotels, which is to be called Trump International Corporation.
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