tpg

Harrah's Will Go Public, Sell as Much as $575 Million in Shares

Harrah's Entertainment Inc. said it plans to sell shares to the public, almost three years after the casino operator was taken private by Apollo Global Management and TPG.

Private Equity Group TPG Acquires 35% Stake in Creative Artists Agency

Private-equity group TPG is buying about a 35% stake in Creative Artists Agency, giving the 35-year-old agency more capital to expand in areas such as sports representation.

Biz Brief: Cablevision Systems Acquires Bresnan for $1.36 Billion

Cablevision Systems will acquire Bresnan Communications, owned in part by Providence Equity Partners, in a transaction valued at $1.365 billion.

Private Equity Creates Big Returns, Big Controversy

Now that private equity is no longer producing monster returns, it's time to assess its value. By using debt, buyout shops have taken over struggling companies and enriched investors. But critics say the practice leads to more layoffs and the "flipping" of companies.