Paul Weiss Reps Caesars In Revived $50M IPO Plan

Law360, New York (November 15, 2011, 1:42 PM EST) -- Caesars Entertainment Corp., the casino operator owned by private equity firms TPG Inc. and Apollo Management LP, will make an initial public offering of up to $50 million, nearly a year after it scrapped plans for a much larger IPO, the company announced Tuesday.

Caesars said in a regulatory filing that positive trends in business travel and relaxed laws in traditionally anti-gaming states like Pennsylvania and Ohio spelled future growth.

“We believe that we are better positioned than our competitors to take advantage of new opportunities...
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