“Private-equity outfits have been snapping up companies like there's no tomorrow. Now, a trio of investment firms, including storied Kohlberg Kravis Roberts, has topped all others. With a record $33 billion bid, including $11.7 billion of debt, the firms said on July 24 that they would take over HCA (HCA ), the nation's largest hospital chain. The price tag surpasses the record holder, KKR's $31.4 billion buyout of RJR Nabisco, a 1989 deal described in the book and film Barbarians at the Gate.”
Continue reading: 'Barbarians At The Gate II ', BusinessWeek (US), 7 August, 2006.
See the background and links about Barbarians at the Gate: The Fall of RJR Nabisco, by Bryan Burrough and John Helyar about KKR's leveraged buout of RJR Nabisco in 1988. The book was the basis for the film, Barbarians at the Gate, released in 1993.