"None of the indications of interest received to date for the acquisition of the company represented or was likely to lead to a transaction that was in the best interests for the company and its shareholders," Trump Entertainment says in a statement.

The previous talks with the still-unnamed buyers have concluded unsuccessfully. There are no current talks with anyone else. Shares of the company have plummeted from the news, losing going from $12.58 a share down to $10.05, before a small bounce back to $10.49 by the end of the day Monday.

Although Donald Trump has no operating control over Trump Entertainment, his "You're fired!" line has been used recently, with two executives have been given the axe. Paul B. Keller, executive vice president of design and construction, and Virginia McDowell, executive vice president and CIO, have been cut from the payroll, for what the company says are cost-saving measures.