Donald Trump improves offer to Scottish land holdouts


Donald Trump's plan to build a Scotland resort with two golf courses, a 450-room hotel, 500 homes and 950 short-term rental apartments are being scuttled by a quarter of home owners who say their homes aren't for sale at any price.

Trump improved his offer to the sellers but according to Bloomberg, "David Milne, whose four-bedroom house, Hermit Point, is a former coastguard station, rejected an offer of 230,000 pounds, he said in a telephone interview today. He turned down an offer of 175,000 pounds three years ago."

Trump also offered Mr. Milne, and the other holdouts, new homes in the resort at cost and free lifetime use of the club's facilities.

Oh great, what a deal. Trade your charming house with a nice history in for some monstrosity built by the Clown Prince of Tacky. I can't imagine why he wouldn't want to take Trump up on that bit of generosity. If Trump can't reach a deal with the dissenting home owners, he may be able to compel them to sell by appealing to the municipal government. But whatever happens, these four brave souls' willingness to stand up to Donald Trump should be a source of great national pride for Scotland.

In other Donald news, prosecutors in Manhattan say that Trump may have been cheated out of $5 million in a complex New York real estate deal.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA+51.3112,852.54
NASDAQ+18.422,922.30
S&P 500+6.611,349.25

Last updated: February 13, 2012: 11:31 AM

Hot Stocks

General Electric

19.035+0.16(+0.85)

Alcoa

10.36+0.07(+0.68)

Apple Inc

499.21+5.79(+1.17)

Google Inc 'A'

612.17+6.26(+1.03)

Bank of America

8.275+0.205(+2.54)

Wal-Mart Stores

61.97+0.07(+0.11)

Exxon Mobil Corp

84.12+0.32(+0.38)

Ford

12.545+0.105(+0.84)

Citigroup

33.455+0.53(+1.61)

IBM

192.31-0.11(-0.06)

Yahoo

16.07-0.07(-0.43)

Starbucks

49.18+0.36(+0.74)

Microsoft

30.50+0.005(+0.02)

Home Depot

45.75+0.42(+0.93)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1329150718241 ms.