Trump seeks to sell resort stakes - 2004-02-13
Trump Hotels & Casino Resorts reported yesterday it was discussing the possibility of selling a $400 million majority stake to a subsidiary of Credit Suisse First Boston.
Donald Trump stated that the agreement would lead to substantial new investment in his three Atlantic City casinos -- Trump Plaza, Trump Marina and Trump Taj Mahal. However, some analysts were concerned whether the company's debt-holders would sign off on such an agreement.
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