Word: dealing
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Dates: during 1990-1999
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...Donald Trump arranged for his publicly held Trump Hotels & Casino Resorts, Inc. to buy his privately held Trump's Castle casino in Atlantic City, New Jersey, for $490 million, shareholders howled that they had been taken by the less than self-effacing subject of Trump:The Art of the Deal to the tune of some $100 million. Trump Hotels stock dropped 30% over the following weeks. More bad news rolled in when a reported $600 million deal to sell half of the Castle to the London-based Rank Organization and transform it into a Hard Rock casino crapped out after...
...turns out that the Donald may have left some money on the table. Last week the public company agreed to sell 51% of Trump's Castle to the Los Angeles real estate firm Colony Capital for $125 million in cash. The deal values the property--to be rechristened Trump Marina--at $563 million and wipes $314 million in debt off its balance sheet. Says Nicholas Ribis, president and CEO of Trump Hotels: "[Donald] is vindicated, sure...It's a smart financial deal for Trump and financially for the company...
...Pines council got $66,000, which goes toward services and programs. This year the troops asked for 60[cents], with a guarantee to sell an average 110 boxes a scout. The council countered with 45[cents], throwing in incentives like patches, or 50[cents] without the extras. No deal. Looks like the scouts' next badge might be for restructuring...
...recently met with TIME for two days of interviews that offer his first detailed account of his case since his release. Tan, relaxed and defiant, he says he is not going to cop a plea, say, for time served: "I didn't come this far to cut a deal. My case will be fought on the merits, and I am completely innocent...
...actions. Kevin McKinley, a convicted Irish Republican Army weapons dealer, grew close to Keating as the two walked the prison yard. As he put it, "Charlie was never a rat. He refused to sell out his associates and wouldn't compromise with the government just to get a better deal. Charlie believes he is right...