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New Jersey Gambling News Brief

Trump casino sale looks like sure thing to gaming analysts

Press of Atlantic City,  Monday, March 26, 2007 at 5:36:36 PM

Scour your bank accounts. Dig deep under the sofa cushions for some loose change. You could become a casino mogul if you scrape together enough dough to buy out Donald Trump.

Yes, the celebrity CEO has let everyone know that he is willing to discuss a deal for his casino empire. Trump Entertainment Resorts Inc. hired Wall Street financial giant Merrill Lynch this month to help it explore "strategic corporate options," including a possible sale. Provided the price is right, of course.

So how much will it take for Trump to part with his precious holdings? Experts are trying to figure out the value of the entire company and each casino because of the different options Trump will consider before deciding whether to pull the trigger.

...read the source
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