an offer to bail-out the
failing company for $400
million.
Last month, Trinidad
based company, Casino
Fortune, announced to
many media outlets that it was
offering to replace DLJ
Merchant Banking
Partners in a deal to
put Trump Hotels &
Casino Resorts back in
action.
At
the time, Trump
officials said only that
they had been approached
by Casino Fortune.
Last Friday, Trump Hotels
Executive Vice President
Scott Butera announced
that the Casino
Fortune's real
communication to Trump
was lacking actual
factual material.