`Barbarians' RevisitedElizabeth Lesly
In 1988, when leveraged buyout artists Kohlberg Kravis Roberts & Co. began their historic takeover battle for RJR Nabisco Inc., the specter of the "barbarians at the gate" seizing control of one of the country's preeminent companies made celebrities out of Henry R. Kravis and George R. Roberts and spawned a best-selling book. Valued at some $25 billion, it remains the largest LBO ever.
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