Trump Looking Into Buying Puerto Rico That Beared His Name
/I'm not entirely sure what they are calling the bankrupt Puerto Rican golf club that annually hosts the PGA Tour and was in partnership with Donald Trump (licensing only). Their website is currently down. But it doesn't matter, as the leading presidential candidate may be zeroing in on a takeover.
Nothing makes The Donald happier than taking a property off a bankruptcy courts' hands and according to the WSJ's Jacqueline Palank, that may happen again.
Lawyer Charles Cuprill, who is representing the owner of the Trump International Golf Club in Puerto Rico, told a bankruptcy judge Tuesday that the Republican presidential candidate’s company has signed a confidentiality agreement and has requested information about the assets to be sold in order to conduct due diligence.
“They’re determining if they’re going to have an interest in coming aboard and submitting an alternate bid,” Mr. Cuprill said, according to an audio recording of Tuesday’s proceedings posted to the court docket online.