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Trump Hotels & Casino Resorts, Inc. Announces Definitive Agreement to Acquire the Flamingo Hilton Riverboat Casino in Kansas City, Missouri
Thursday, January 14, 1999 12:46 PM Mail this article to a friend new!
NEW YORK--(BUSINESS WIRE)--January 14, 1999--Trump Hotels & Casino Resorts, Inc. (THCR) (NYSE:DJT) announced today that it has reached a definitive agreement to acquire the Flamingo Hilton Riverboat Casino in Kansas City, MO, from Flamingo Hilton Riverboat Casino, L.P., a subsidiary of Hilton Hotels Corporation (NYSE:HLT).
The acquisition includes all of the operation's assets, which include a casino vessel, parking garage and all related gaming equipment.
Trump Hotels & Casino Resorts, Inc. owns and operates Trump Plaza Hotel & Casino, Trump Taj Mahal Casino Resort and Trump Marina Hotel Casino in Atlantic City, NJ, as well as Trump Indiana, the riverboat casino at Buffington Harbor, IN, on Lake Michigan. It is the exclusive vehicle through which THCR will engage in new gaming activities in both emerging and established gaming jurisdictions in both the United States and abroad.
CONTACT: Nicholas L. Ribis President & CEO (212) 688-0190
Quote for referenced ticker symbols: HLT, DJT
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