Trump Entertainment Resorts on Fire! $38 million Dollars Deal..
Resorts Inc., the casino company taken over by bondholders through bankruptcy last year, agreed to sell the Trump Marina Hotel Casino to Golden Nugget owner Landry’s Inc. for $38 million.
The transaction is expected to be completed in the second quarter and is subject to a working capital adjustment, Atlantic City, New Jersey-based Trump Entertainment said today in a statement. Landry’s, a restaurant group taken private by its management last year, operates Golden Nugget casinos in downtown Las Vegas and Laughlin, Nevada.

From the first location in Katy, Texas, in 1980, Landry's continues to grow from coast to coast. As a result of its unwavering performance momentum, Landry's has been called a "darling" of Wall Street and has caught the eye of the restaurant industry press as well.
The company's renowned reputation is upheld by its unwavering commitment to customer service and satisfaction. This commitment is a promise made to each guest to ensure great food at a reasonable price and courteous service in a fun-filled atmosphere. From the moment a guest walks into one of our restaurants, the ambiance lets them know that they're in for something special.
A wave of recent accolades bestowed on the company has further propelled its phenomenal growth. Nation's Restaurant News, a leading industry publication, chose Landry's as "One of Nine Hot Concepts of the Nineties." In the financial arena, Business Week named Landry's as Number 26 of the "Top 100 Companies for Growth" and Forbes named Landry's number five on its roster of "The 200 Best Small Companies in America."
www.bloomberg.com
From the first location in Katy, Texas, in 1980, Landry's continues to grow from coast to coast. As a result of its unwavering performance momentum, Landry's has been called a "darling" of Wall Street and has caught the eye of the restaurant industry press as well.
The company's renowned reputation is upheld by its unwavering commitment to customer service and satisfaction. This commitment is a promise made to each guest to ensure great food at a reasonable price and courteous service in a fun-filled atmosphere. From the moment a guest walks into one of our restaurants, the ambiance lets them know that they're in for something special.
A wave of recent accolades bestowed on the company has further propelled its phenomenal growth. Nation's Restaurant News, a leading industry publication, chose Landry's as "One of Nine Hot Concepts of the Nineties." In the financial arena, Business Week named Landry's as Number 26 of the "Top 100 Companies for Growth" and Forbes named Landry's number five on its roster of "The 200 Best Small Companies in America."
www.bloomberg.com
No comments:
Post a Comment