	bally bly to take mln dlr st qtr charge bally manufacturing corp said it expects a charge to ings in the first quarter of this year of mln dlrs as a result of its deal to buy back mln of its common shares from real estate developer donald trump in a filing with the securities and exchange commission the chicago based hotel casino gambling and amusement concern also said the anticipated charge against first quarter ings will not be deductible for federal income tax purposes under a february deal bally agreed to buy mln of the mln shares held by trump at dlrs a share or mln dlrs while trump agreed not to try to seek control of bally the agreement also calls for bally to pay trump another mln dlrs for certain agreements claims and expenses related to his purchase of the bally common stock bally said trump agreed not to buy any more bally stock or to try to seek control of the company for years it said bear sts and co inc signed a similar standstill agreement with bally for three years bally said but it can still deal in bally stock as a broker it said the deal also obligates bally to buy trump s remaining stake in the company for dlrs a share if the stock price does not reach that level by february it said reuter 
