No deal for casinos, says deal artist Trump

Unhappy with the bids it received, Trump Entertainment Resorts Inc. announced today it is no longer for sale.

The company headed by celebrity dealmaker Donald Trump, issued a statement today saying its board of directors concluded that "none of the indications of interest received to date for the acquisition of the company represented or was likely to lead to a transaction that was in the best interests of the company and its shareholders."

The statement added: "The previous discussions with prospective acquirers of the company have concluded, and there are currently no ongoing discussions with the parties that submitted the indications of interest."

Read Full Article from Philadelphia Inquirer

- Posted: 2007-07-03 10:04:34

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