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Cowboy200009

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Cowboy200009

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Wednesday, 10/07/2009 2:55:09 PM

Wednesday, October 07, 2009 2:55:09 PM

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Bondholders raise offer for Trump casinos to $225M

Bondholders battling Donald Trump for control of Trump Entertainment Resorts' three Atlantic City casinos have raised their offer to $225 million — well in excess of what the real estate mogul and reality TV star has offered to regain the gambling company he once ran.

Kris Hansen, an attorney for the bondholders, said Wednesday morning they have added another $50 million to their offer, which had been $175 million.

http://www.newsday.com/business/bondholders-raise-offer-for-trump-casinos-to-225m-1.1506563
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