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UTUSN

(70,695 posts)
Sun Aug 14, 2022, 10:57 AM Aug 2022

He ain't invincible, not even close. Celebrate those who beat him: Merv GRIFFIN, for starters.

He's also a coward, bluffed for years about running for president and when he did, didn't think he would win (which, by votes, he didn't), was shocked when the archaic technicality handed it to him. He's great at loopholes.

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https://www.nytimes.com/1988/04/15/business/griffin-wins-resorts-in-deal-with-trump.html

Griffin Wins Resorts In Deal With Trump

Donald J. Trump, under pressure to accede to a deal that would benefit other shareholders of Resorts International Inc., dropped his opposition and agreed to sell his controlling interest in the Atlantic City hotel-casino company to Merv Griffin, the two men said today. ....

If completed, the agreement would bring to an end an often bitter battle between two of the world's richest men and would establish Mr. Griffin, the former talk-show host, as a major force in both the hotel and gaming business and the takeover arena. ....

But Mr. Trump's camp sought to dispel any talk that he had backed down or that he could be branded the loser. His advisers said the developer had been mainly interested in keeping the Taj Mahal property all along and that it would be sold back to him at a very attractive price. Moreover, they said, Mr. Trump's class B shares would be acquired by Mr. Griffin at a substantial premium over the $135 a share that Mr. Trump paid. ....

5. Sources close to Mr. Trump say his total investment in Resorts could yield a profit of $400 million, although some see him as having backed down.

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