The Deal
Sunday, November 22, 
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Entries tagged "Donald Trump"

The Donald is compelling, but deal not done

Donald Trump's deal to purchase Trump Entertainment Resorts out of bankruptcy court for $100 million is far from a done deal.


Trump may need a handyman in AC

Trump Entertainment was hit with a $17 million lawsuit alleging that it allowed the Trump Marina Hotel Casino to fall into disrepair and diverted customers to other Trump casinos.


Lehman helped Watergate hit the auction block

PB Capital Corp. won the auction for The Watergate Hotel for $25 billion after its owners Monument Realty, had lost financing for a renovation from Lehman and in July defaulted on a separate loan.


Donald Trump makes a play for his AC casino

The Donald makes a play to buy his namesake casinos - Trump Entertainment Resorts -- out bankruptcy.


Trump's worth questioned

Reality TV stars often create the illusion of wealth as part of their image. Is Donald Trump guilty of the same thing?


Trump Entertainment runs out of luck

The house loses again as the casino files for bankruptcy for the third time.


No Trump card for the Donald on debt payment

If Donald Trump isn't dealt a good hand by creditors on Wednesday, his casino company, Trump Entertainment Resorts Inc., will likely once again fold into bankruptcy protection. ...


Taking Trump Entertainment private is a risky bet

If Donald Trump is looking for a challenging assignment for the contestants on his "Apprentice" television show, here's one: How about putting together a plan to turn around his financially strapped Trump Entertainment Resorts Inc., which operates casinos in Atlantic City, N.J.? The task would be an enormous undertaking and one solution that Trump himself is considering by taking the company private, according to the Financial Times....


Roll Call: Dec. 5, 2008

The New York Times' columnist Floyd Norris has some fun at the expense of real estate mogul Donald Trump. Talking about larger-than-life dealmakers, Carl Icahn reportedly is facing huge loses on his Yahoo! Inc. investment, notes DealBook. Continuing the theme of dealmakers, did you know that Ford Motor Co. CEO Alan Mulally is a dealmaker? ClusterStock notes that Mulally is the king of government dealmaking thanks to his years at aerospace and defense giant Boeing Co., explaining why Bill Ford may have wisely hired him a few years ago. - Matthew Wurtzel ...


Trump involved in $40M suit over missed payment

Billionaire Donald Trump's wallet must feel a bit lighter these days as the real estate sector is experiencing a major down cycle. He's hurting so bad that Deutsche Bank Trust Co. Americas filed suit against the developer, according to the Chicago Tribune. ...


Bankruptcy Update: WaMu, Mrs. Fields and more

Here are some of the latest bankruptcy stories our reporters have been covering Monday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. ...


Dealwatch: Donald Trump

Nearly seven months after the latest attempt to sell Trump Entertainment Resorts Inc. fell apart, Trump Entertainment has another deal: plans to sell the Trump Marina Hotel Casino in Atlantic City to Coastal Marina LLC, an affiliate of Coastal Development LLC, for $316 million. ...



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Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


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Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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