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Old 01-15-2017, 11:29 PM   #5291
photon
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Join Date: Oct 2001
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No new foreign deals doesn't mean no new foreign deals with existing properties apparently.

The Trump Organization will press ahead with multimillion-dollar plans to expand one of the president-elect’s golf resorts in Scotland, despite its apparent pledge to halt new investments overseas.

Trump officials said the plans for the Trump International Golf Course Scotland in Aberdeenshire – likely to immediately involve extending its boutique hotel and building a second 18-hole golf course – did not conflict with his promise not to pursue new or “pending” deals outside the US.

“Implementing future phasing of existing properties does not constitute a new transaction so we intend to proceed,” a Trump Organization spokeswoman told the Guardian.


https://www.theguardian.com/us-news/...ts-of-interest
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