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RJR Nabisco: Difference between revisions

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==The LBO==
F. Ross Johnson was the President and CEO of RJR Nabisco at the time of the LBO and Henry Kravis was a general partner at KKR. The LBO was $25 billion, the battle for control took place between October and November 1988. Nowadays, public await the next LBO to be announced.
 
An article in Forbes at the time sheds some light on LBOs, particularly this one and is available online: [http://www.forbes.com/free_forbes/1988/1128/192.html http://www.forbes.com/free_forbes/1988/1128/192.html]