Merv Griffin began a tender offer for...

Merv Griffin began a tender offer for Class A shares of Resorts International Inc., the casino company he is splitting up with developer Donald Trump. The offer, being made by Griffco Acquisition Corp., will pay shareholders $36 a share and expires at midnight EDT July 5. Griffin, the TV talk-show host turned investor, will pay approximately $300 million for the Atlantic City, N.J., company, which is controlled by Trump. Using his profits from the deal and other funds, Trump will buy back the company’s unfinished crown jewel, the vast Taj Mahal casino in Atlantic City, for $230 million.