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Through Icahn Partners LP and certain affiliates, billionaire investor Carl Icahn has acquired 51 % of the first-lien debt owed by Trump Entertainment. Resorts to Beal Bank for $229 million in cash. kahn also has the option to purchase the rest for around $220 million, according to papers filed on Dec. 11,2009 with the US Bankruptcy Court for the District of New Jersey in Camden.

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