…Ive been keeping my eye on 2:40 (2 and 8 alignment) Interesting posts from past dates in mid-Jan, feb,march, april, may…
…Ive been keeping my eye on 2:40 (2 and 8 alignment) Interesting posts from past dates in mid-Jan, feb,march, april, may…
Barrons Fortune
Clash of the Titans
This treatment left Wynn bitter, and in the mood to sell. New Jersey, at the time, limited casino owners to three properties. Trump, who already owned two, was buying stock in Bally, which owned another Boardwalk casino. Bally, fearing a hostile takeover, offered Wynn a panic-inflated price of $440 million for the Nugget – thereby fending off Trump, since he couldn’t buy the newly combined Bally’s-Golden Nugget without exceeding the state limit. Bally then paid Trump $20 million to go away.
Wynn took his huge profit from the Golden Nugget sale and exited Atlantic City, calling it “the slum by the sea.” He plowed the unexpected cash into Las Vegas expansion. The $630 million Mirage opened in November 1989.
Trump couldn’t let Wynn go without a few parting shots. In his book The Art of the Deal, Trump claims that Barron Hilton took less money from Trump because Wynn was “anathema” to Hilton. Trump ridicules Wynn as “very slick and smooth . . . a very strange guy . . . . He’s got a great act. He’s a smooth talker, he’s perfectly manicured, and he’s invariably dressed to kill in $2,000 suits and $200 silk shirts. The problem with Wynn is that he tries too hard to look perfect and a lot of people are put off by him.”
https://nymag.com/nymetro/news/bizfinance/biz/features/2235/index4.html