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FILE - In this May 15, 2009 file photo, Donald Trump watches ...

Fri Dec 11, 1:51 PM ET

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FILE - In this May 15, 2009 file photo, Donald Trump watches the New York Yankees play the Minnesota Twins in New York. Billionaire investor Carl C. Icahn said Friday he has agreed to buy a majority of the first-lien bank debt of Trump Entertainment Resorts Holdings, which owns three resorts in Atlantic City, N.J.

(AP Photo/Frank Franklin II, File)