Expect a rant from “The Donald” about this latest business failure!
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Fox News Latino is reporting that the Trump Plaza — once one of the crown jewels of the Trump empire — in Atlantic City was bought for $20 million by the Meruelo Group of Downey, California, a Latino holdings company. The company has not decided what they will call the building, but they will no longer use the Trump name. “Trump Plaza is one of the world’s most recognized gaming resort destinations and is an integral part of the Atlantic City landscape,” said Alex Meruelo, the Cuban-American founder and CEO of the Meruelo Group. “Our company is thrilled to have the opportunity to become the new owners of this property, and we are firmly committed toward establishing it as one of the elite destinations in Atlantic City and on the East Coast.”
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