Public company acquisition of the Taj Mahal: Outcome

Entities and roles

• America First Audit: Public company acquisition of the Taj Mahalaudit case
• Donald J. Trumpcomparison subject

Claims and evidence

1. factdocumented

   Public shareholders became exposed to the acquired property's operating and debt risks while Trump received the negotiated consideration.

   • U.S. Securities and Exchange Commission: Trump Hotels & Casino Resorts 1996 Form 10-KBusiness, acquisitions, debt, compensation, and related-party sections
   • The New York Times via U.S. House Judiciary Committee record: How Donald Trump Bankrupted His Atlantic City Casinos, but Still Earned MillionsPages 2-9: financing, related transactions, bankruptcies, and outcomes