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CAMDEN, N.J. (AP) - The Donald upped the ante Friday on his latest deal: trying to buy an Atlantic City property one of his companies already owns.
Earlier this year, when the publicly held company now known as Trump Entertainment Resorts Inc., was entering bankruptcy, some shareholders objected, saying the deal was good for Chairman Donald Trump and bad for them.
To sweeten the pot for the investors, the company agreed to auction off the Boardwalk parcel where Trump World's Fair Casino once stood and give the proceeds to the shareholders, along with $17.5 million in cash.
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