In fewer than 125 words per question, Discuss the RJR Nabisco LBO of 1988 by answering the following questions
- Why was RJR Nabisco an attractive candidate for an LBO?
- Describe the different bidding groups involved in the process?
- Why did Kohlberg Kravis and Roberts ultimately win the bid?
- What might be different if the RJR Nabisco LBO was occurring today?