The broke Atlantic City land casino Trump Taj Mahal, due to close on December 12 in the absence of an agreement with the employees’ union (see previous reports) has been given a further brief reprieve as negotiations continue.
Owners Trump Entertainment Resorts, presumably with the support of principle creditor Carl Icahn, has pushed the closure date back to December 20 in order to give the negotiators more time to achieve a “last ditch” deal that could see Icahn take over the deeply indebted company.