Then again: Judge Judith Wizmur selected the Trump-backed plan over a competing plan from Carl Icahn, who now owns the Tropicana hotel-casino on the Atlantic City boardwalk.
Under the new plan, the company will receive $225 million in new equity from an offering of common stock and will retain the Trump brand for its Atlantic City operations.http://www.reuters.com/article/idUSTRE63C06U20100413
“A fool and his money are soon parted.” ~Thomas Tusser
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