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{{Cleanup|date=July 2007}}
'''RJR Nabisco, Inc.''', was an [[United States|American]] [[Conglomerate (company)|conglomerate]] formed in 1985 by the merger of [[Nabisco]] Brands and [[R.J. Reynolds Tobacco Company]]. RJR Nabisco was purchased in 1988 by [[Kohlberg Kravis Roberts & Co.]] in the second largest [[leveraged buyout]] in history, adjusted for inflation. Adjusted for [[United States Consumer Price Index|CPI]] growth, the $25 billion deal would be worth $42.8 billion in [[2006]] dollars. This is surpassed only by the announced [[2007]] buyout of [[TXU]], an energy company, valued at $45 billion, also done by KKR.
In 1999, due to concerns about [[tobacco]] lawsuit liabilities, the tobacco business was spun off into a separate company, and RJR Nabisco was renamed [[Nabisco Holdings Corporation]].
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