Taj Will Keep Trump Name

But Trump Plaza will have to remove "all vestiges" of moniker.



AP reports that Carl Icahn, who is acquiring the Trump Taj Mahal Casino in Atlantic City, has struck a deal to keep Donald Trump’s name affixed to the property. Trump and his daughter, Ivanka, had sued to remove “Trump” from the casino’s name as it slid to near-closure during the last year.

Trump does not control the casino, but he has a 10 percent stake in it. Monday’s agreement also requires the shuttered Trump Plaza to remove “all vestiges” of the trump name from that property.

“I am happy to have reached a deal with Carl, someone who I have great respect for both personally and professionally,” Trump said in a release. “The Trump Taj Mahal, under the right leadership and with the proposed significant reinvestment in the property, can be, once again, a wonderful place for travel and entertainment.”