Caesars Hires Restructuring Advisors 📉

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. <br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes