Difference between revisions of "Stock Investments"
From RAGEPATH Wiki
| Line 18: | Line 18: | ||
== Bally's == | == Bally's == | ||
| + | |||
| + | == Golden Nugget == | ||
| + | |||
| + | <ul> | ||
| + | <li><b>July, 1987: Trump reported acquiring a 4.9% stake in Golden Nugget, a rival casino firm:</b> “Back home: Trump also has his eye on new turf closer to home. After leaving Moscow, Trump announced that he had bought a 4.9 percent stake in Las Vegas-based Golden Nugget Inc., the casino operator. Trump has already conquered Atlantic City -- buying control of Resorts International Inc., which gave him a total of one-third of that city's casino and hotelspace. His move on Golden Nugget raises many questions. Does he actually want to take over its casino operations? Or does he simply want to make a quick stock killing by playing takeover rumors, as he did with Holiday Corp., or troll for greenmail, as he did with Bally?” (<i>Newsweek</i>, July 20, 1987) | ||
| + | </ul> | ||
== Holiday Corp == | == Holiday Corp == | ||
Revision as of 20:21, 17 September 2019
This page is currently under active development. Significant changes may appear as we add, modify or relocate its contents.
Trump paid the Federal Trade Commission $750,000 to settle antitrust charges that the agency had brought against him. (Washington Post, April 7, 1988)
Contents
Alexander's
AMR
Bally's
Golden Nugget
- July, 1987: Trump reported acquiring a 4.9% stake in Golden Nugget, a rival casino firm: “Back home: Trump also has his eye on new turf closer to home. After leaving Moscow, Trump announced that he had bought a 4.9 percent stake in Las Vegas-based Golden Nugget Inc., the casino operator. Trump has already conquered Atlantic City -- buying control of Resorts International Inc., which gave him a total of one-third of that city's casino and hotelspace. His move on Golden Nugget raises many questions. Does he actually want to take over its casino operations? Or does he simply want to make a quick stock killing by playing takeover rumors, as he did with Holiday Corp., or troll for greenmail, as he did with Bally?” (Newsweek, July 20, 1987)
