ATLANTIC CITY - (AP) - Atlantic City's iconic Steel Pier hasbeen sold for $4.25 million.
The Press of Atlantic City reports TrumpEntertainment sold the 113-year-old amusement complex to theCatanoso family, which has leased the pier since 1993. Theagreement was announced Wednesday.
The family will operate the site as Steel Pier Associates LLC.The sale includes the 1,000-foot pier, its buildings and rights tothe Steel Pier name
The Steel Pier has been rebuilt since it was home to a divinghorse attraction and the original Miss America Pageant in the early20th century.