Trump Receives Gaming License; Developer Uncertain on Nevada Plans - 2004-02-20
Nearly two decades after he first demonstrated an entrepreneurial interest in the state, New York developer and casino proprietor Donald Trump received a Nevada gaming permit Thursday.
The deal, which has not been finalized, would make DLJ Merchant Banking the majority shareholder of Trump Hotels & Casino Resorts. Trump will go on as the chairman of the company's board of directors and he will uphold a large share of the company stock.
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