Private concerns

KNIGHTLY, ARNOLD M.; Stutz, Howard
October 2008
Las Vegas Business Press (10712186);10/13/2008, Vol. 25 Issue 41, p6
This article reports on the trend of private-equity firms taking ownership of casino companies in Las Vegas, Nevada. Private-equity ownership would make private-equity owners even richer and allow the casino companies to continue expanding aggressively. Companies involve in such activity include Harrah's Entertainment, Apollo Management and TPG Capital. The concerns of bond analysts and industry watchers regarding the trend are discussed. INSET: Write-downs reflect let-downs.


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