Caesars' downfall
  • 5 years ago
This week Caesars reportedly hired restructuring advisers -- an unwelcome development for private equity backers Apollo and TPG. Lex's Robert Armstrong and Sujeet Indap discuss what went wrong, and compare it with Blackstone's LBO of Hilton Worldwide.
For more video content from the Financial Times, visit http://www.FT.com/video

Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes