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Trump Entertainment Resorts, Inc. Concludes Current Review of Strategic Options.

Publication: Business Wire
Publication Date: 02-JUL-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
ATLANTIC CITY, N.J. -- Trump Entertainment Resorts, Inc. (NASDAQ: TRMP) (the "Company") announced today that its Board of Directors has concluded, after consulting with financial advisor Merrill Lynch, that none of the indications of interest received to date for the acquisition of the Company represented or was likely to lead to a transaction that was in the best interests of the Company and its shareholders. The previous discussions with prospective acquirers of the Company have concluded, and there are currently no ongoing discussions with the parties that submitted the indications of interest.

The Company will continue to review other strategic corporate options while implementing its strategic...

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