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BUSINESS
November 5, 1989 | TOM FURLONG, TIMES STAFF WRITER
Looking west on the beach along this city's fabled Boardwalk, a white casino hotel with a red name at the top commands attention because it stands taller and more stylishly than its competition. The building is the Trump Plaza and its owner is Donald J. Trump, the 43-year-old billionaire developer from New York City whose casino investments in this New Jersey resort town and gambling mecca are beginning to rival his Manhattan real estate holdings in size, ambition and attention attracted.
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BUSINESS
November 5, 1989 | TOM FURLONG, TIMES STAFF WRITER
Looking west on the beach along this city's fabled Boardwalk, a white casino hotel with a red name at the top commands attention because it stands taller and more stylishly than its competition. The building is the Trump Plaza and its owner is Donald J. Trump, the 43-year-old billionaire developer from New York City whose casino investments in this New Jersey resort town and gambling mecca are beginning to rival his Manhattan real estate holdings in size, ambition and attention attracted.
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REAL ESTATE
January 27, 1985
Richard St. Denis has been appointed director of sales and marketing for the newly formed Maxim's Hotel Division of Dallas-based Pratt Hotel Corp. In his new position, St. Denis will be responsible for sales activities and marketing of Maxim's Suite Hotel in Palm Springs, which is under construction and scheduled to open in November.
BUSINESS
March 10, 1987 | Associated Press
Developer Donald Trump said Monday that he will pay $78.9 million for a controlling interest of Resorts International Inc., just weeks after halting an attempt to take control of another gambling and hotel company. Resorts International announced that holders of Class B stock representing 73% of the voting power in the company had agreed to sell their shares to Trump at a net price of $135 per share.
BUSINESS
September 21, 1988
ADDRESS: 3501 Jamboree Rd., Newport Beach. BUSINESS: The company builds single-family homes in Southern California. ASSETS: $241.6 million (Feb. 28, 1988). NUMBER OF EMPLOYEES: 215. TOP EXECUTIVES: Cash Name Position Compensation James M. Peters Chairman, president, $375,750 chief executive officer Christopher Gibbs Executive vice president, NA chief operating officer William J. Pittman Vice president, $410,625 chief financial officer Richard D. Bradshaw Vice president $479,897 Marquis L.
BUSINESS
March 24, 1987 | AL DELUGACH, Times Staff Writer
New York money manager Martin T. Sosnoff disclosed Monday that he has been exploring for possible partners in his bid for Los Angeles-based casino operator Caesars World. Sosnoff said he has had "preliminary" talks with Dallas-based casino operator Pratt Hotel Corp. and a Pratt ally, Southmark Corp., about a possible joint venture to acquire Caesars, which owns three major hotel-casinos. They are Caesars Palace, Caesars Tahoe in Nevada and Caesars Atlantic City in New Jersey.
REAL ESTATE
June 2, 1985 | RUTH RYON, Times Staff Writer
The "Queen of the Valley" is getting a shot in the arm. Palm Springs is experiencing its first major redevelopment project. Redevelopment? In the playground of the stars, billion-dollar sandbox, oasis in the desert? Well, it isn't like changing an ugly duckling into a beautiful swan. The gracious hostess to a couple million visitors each year was just beginning to sag a bit. After all, she was incorporated in 1938. She is what John D. Stiles Jr.
BUSINESS
April 6, 1987 | AL DELUGACH, Times Staff Writer
Defending against a $28-a-share takeover bid, Caesars World on Sunday unveiled a billion-dollar "recapitalization" in which it would pay a special cash dividend of $25 a share to its shareholders. Shareholders of the Los Angeles-based casino operator, whose stock is traded on the New York Stock Exchange, would still own their shares in the reorganized corporation, which would have a heavy debt load as a result of the restructuring. There was no immediate reaction by Martin T.
NEWS
March 21, 1986 | ROSE-MARIE TURK
He says his friends called him crazy when he went into ready-to-wear. They called him crazy when he added menswear to his lineup. They called him crazy when he fell into the restaurant business. "In any case, I'm always crazy," Pierre Cardin said with a grin. More to the point, he says he was "a little bit drunk" the night he went to dinner with the former owner of Maxim's in Paris.
BUSINESS
May 18, 1987 | Associated Press
Place your bets and guess which of the nation's casino operators will still be independent in 1990. Takeover fever has hit the gaming industry, with several casinos acquired by competitors in recent months. Two other major casino operators currently face takeover threats. And some analysts say the consolidation trend is an odds-on favorite to continue over the next two years.
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