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Trump Entertainment may file bankruptcy: report

Last updated: 2009-02-17

Trump Entertainment may file bankruptcy: report
2009-02-17

Category
Bankruptcy
Casino
People
Donald Trump
Source
(Reuters)

PHILADELPHIA (Reuters) - Trump Entertainment Resorts Inc, Donald Trump's casino group, is expected to file Tuesday for bankruptcy, The Wall Street Journal reported.
The company's board was scheduled to meet late Monday night to decide whether to authorize the filing, the newspaper reported in its online edition. Otherwise, the casino operator would be forced into bankruptcy involuntarily by creditors, the newspaper said.
Such a filing would mark the third appearance in bankruptcy court for Trump Entertainment, which most recently emerged from bankruptcy proceedings in 2005, the newspaper said.
(Reporting by Jessica Hall; Editing by Christian Wiessner)
(For more M&A news and our DealZone blog, go to http://www.reuters.com/investing/news/mergers)

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