The bidding heated up for Resorts International.
A New York lawyer said that he and three other investors have made a bid to purchase a controlling interest in Resorts International Inc. that tops developer Donald Trump’s previous offer by $75 a share. The unsolicited bid by attorney Francis Purcell and three partners is for $210 a share for all of Resorts’ Class B stock, which has 100 times the voting power of the company’s Class A stock.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
