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Entertainment -
Casinos
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Written by Marine Web Club
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Wednesday, 07 October 2009 12:16 |
 Bondholders continue to battle Donald Trump for control of Trump Entertainment Resorts' three Atlantic City casinos have now raised their offer to $225 million. That's well above of what the real estate mogul has offered to regain the entertainment casino he once ran.
Bondholders attorney, Kris Hansen stated Wednesday that his clients have added $50 million to their $175 million offer. It remains unknown at this point if Trump plans to increase his $100 million offer, which is being jointly made with his daughter Ivanka and Dallas-based Beal Bank.
A bankruptcy court judge located in Camden is scheduled to review and consider both offers on Wednesday.
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