Trump Hotels Plans to Seek Bankruptcy

Article Abstract:

Trump Hotels and Casino Resorts plans to file for bankruptcy protection before the end of September. The company is $1.8 billion in debt, but hopes to reorganize with new financing and under new management, with Donald Trump stepping down as chief executive and reducing his 56 percent stake to a 25 percent stake.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Appointments, resignations and dismissals, Bankruptcy, Company bankruptcy

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Now, Reality for Trump Looks More Like 'Survivor'

Article Abstract:

Credit Suisse First Boston plans to invest $345 million in Trump Hotels and Casino Resorts Inc. have fallen through. The hotel company is now looking for will now have to find a way to restructure its debt with new investors.

Investment Banking and Securities Dealing, Investment Banking, Securities issued, listed, Security brokers and dealers, Investment banks, Securities, Investor relations, Company securities, Credit Suisse First Boston L.L.C.

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Trump Hotels Said to Reach Deal to Avoid Bankruptcy

Article Abstract:

Trump Hotels and Casino Resorts Inc. has reached a preliminary agreement with its investors in order to restructure debt and to leave Donald Trump as chairman and chief executive officer.

Labor force information, Organizational history, Employment, Company restructuring/company reorganization, Reorganization and restructuring, Company organization

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