Trump moves to can­cel over­seas deals.

The Denver Post - - BUSINESS -

The Trump Or­ga­ni­za­tion has can­celed a li­cens­ing deal for a ho­tel in Azer­bai­jan and is tak­ing steps to do the same for a pro­ject in neigh­bor­ing Ge­or­gia, part of a string of re­cent ef­forts by the pres­i­dent-elect to ex­tri­cate his busi­ness from thorny re­la­tion­ships five weeks be­fore he takes of­fice.

Trump lawyer Alan Garten said Fri­day that de­vel­op­ers in both projects failed to meet terms of li­cens­ing deals. He de­scribed the moves as “nor­mal house­keep­ing” and not part of a strat­egy to re­duce po­ten­tial con­flicts of in­ter­ests.

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