Kohlberg Kravis Roberts
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Jul 17, 2023 · In 1988 the firm KKR acquired RJR Nabisco for $25 billion, in one the largest leveraged buyouts in U.S. history. Johnson was fired as CEO after he had essentially exhausted the company's funds.
RJR Nabisco was formed in 1985 by the merger of Nabisco Brands and R.J. Reynolds Tobacco Company. [2] In 1988 RJR Nabisco was purchased by Kohlberg Kravis Roberts & Co. in what was at the time the largest leveraged buyout in history.
- Prableen Bajpai
- Alltel Corp. Alltel was hand-picked by Goldman Sachs’ (GS) private equity wing and Texas Pacific Group (TPG Capital) in 2007 for about $27.5 billion.
- HCA Healthcare Inc (NYSE: HCA) Hospital Corporation of America, founded in 1968, was acquired by HCA founder Dr. Thomas F. Frist Jr., Kohlberg Kravis Roberts & Co, Bain Capital and Merrill Lynch Global Private Equity.
- TXU Corp. The announcement of the plan to acquire the Texas power company TXU Corp, now Energy Future Holdings Corp, was made in 2007 by a group of private equity firms.
- First Data Corp. The leveraged buyout of First Data Corp in 2007 by Kohlberg Kravis Roberts & Co is still one of the largest private equity technology deals.
KKR tried to partner with RJR Nabisco management to form a deal, but it failed. mrjoro via Flickr After that RJR Nabisco upped the ante by making a $92/share offer or $20.9 billion.
May 23, 2024 · KKR a leading private equity firm known for its use of leverage buyout , identified RJR Nabisco as a prime candidate for acquisition. KKR started the bid with $90 per share valuing the company at...
Dec 5, 1988 · The competing offers turned the fight for RJR Nabisco, whose brands range from Animals Crackers to Winston cigarettes, into the brassiest and potentially most damaging brawl in Wall Street...
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Dec 1, 2009 · #1 New York Times bestseller and arguably the best business narrative ever written, Barbarians at the Gate is the classic account of the fall of RJR Nabisco at the hands of a buyout from investment firm KKR.
