“ [T]he [Post] [F]oundation put Mar-a-Logo up for sale at an asking price of $25 million. [..] I put in a bid of $15 million, and it was promptly rejected. [T]he foundation signed contracts with several other buyers at prices higher than I’d offered, only to have them fall through before closing. Each time that happened, I put in another bid, but always at a lower sum than before. Finally, [..] I put in a cash offer of $5 million plus $3 million for the furnishings. [..] [W]e closed [the deal] one month later. ”
Donald Trump in Art of the Deal
