New York (Reuters) - Shares in Trump Entertainment Resorts Inc, which owns three casinos in Atlantic City, New Jersey, rose more than 16 percent on Friday on a report that the company is in takeover talks. The Star-Ledger newspaper, citing three people familiar with the talks, reported on Friday that Trump Entertainment was in preliminary talks with Cordish Co., a real estate development firm that was involved in the development of two Hard Rock-branded hotel casinos.