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The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street
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The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street
What do you get when two of the world's most powerful private equity firms go head-to-head in a battle for control of Caesars Entertainment, the storied casino giant? You get the most brutal corporate restructuring in Wall Street history.
The 2015 bankruptcy brawl pitted Apollo and TPG against the world's most relentless hedge fund wizards, with the fate of Caesars Palace hanging in the balance.
Through a $27 billion leveraged buyout and a dizzying string of financial engineering transactions, these private equity legends seemed to have snatched every prime asset of the company from creditors.
But one thing was missing - Caesars Palace itself.
And that's where the real battle begins.
Will Apollo and TPG emerge victorious, or will Caesars' hedge fund lenders and bondholders take back what they believe is rightfully theirs? The fate of this iconic casino giant hangs in the balance in a fight-to-the-death mentality that continues to shock workers, politicians, and broader society.
Don't miss out on this epic battle for control of Caesars Entertainment - get your front-row seat today!
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