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Sale of Trump Plaza May Not Go Through

 

The pending sale of the Trump Plaza Resort for 20 million dollars may not go through. Carl Icahn, who holds the mortgage says the property is worth much more than the offered price and he will not approve the sale. This is a shame as the very dated property hasnt been renovated for over 7 years ans the potential new owners have pledged to put 100 million dollars of renovations into the property. If the sale had gone through, the 20 milion dollar price tag would have been the lowest price paid for a casino in Atlantic City history.

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