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New Jersey Gambling News Brief

Donald Trump aims to retake control of casino

Associated Press,  Tuesday, June 16, 2009 at 3:31:24 PM

As the casino company that bore his name sank deeper and deeper into the red this year, Donald Trump went head to head with bondholders trying to buy it and take it private -- and lost.

Now the real estate mogul, whose distaste for losing is legendary, is back in the ring and pushing a plan to buy Trump Entertainment Resorts out of bankruptcy.

To succeed, he'll have to beat out a competing offer advanced by the bondholders.

...read the source
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