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Trump name to stay on A.C. casino

The Donald Trump name will stay in Atlantic City. Billionaire Carl Icahn reached an agreement Monday with Trump to allow his name to remain on the Trump Taj Mahal Casino. Trump and his daughter Ivanka had sued the owners of the casino seeking to strip their name from it. The casino is being acquired by Icahn, who has put up $20 million to keep it going through bankruptcy proceedings. “I am happy to have reached a deal with Carl, someone who I have great respect for both personally and professionally,” Donald Trump said in a statement. Trump Entertainment Resorts said in the court filing Monday that the Trump name is “iconic” and “an invaluable asset and point of differentiation of the company.” The Trumps had said that Trump Entertainment allowed its two Atlantic City casinos to fall into disrepair, which they said damaged their personal brand.