Monday, March 12, 2007

Trump Entertainment (TRMP) Hires Merrill Lynch to Evaluate Strategic Alternatives

Trump Entertainment Resorts (NASDAQ: TRMP) announced the engagement of Merrill Lynch to assist the Company in the identification and evaluation of strategic corporate options including, but not limited to, capital structure, financing and value-creation alternatives.

Shares of Trump Entertainment rose 7.95% on Friday on rumors of a sale.

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