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Summary of Bryan Burrough and John Helyar's Barbarians at the Gate
- Narrateur(s): Tabitha Mixon
- Durée: 18 min
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Summary of Bryan Burrough and John Helyar's Barbarians at the Gate
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Description
No time to read? Get the main key ideas from this summary of Bryan Burrough and John Helyar's Barbarians at the Gate in just a short listen.
Nothing could excite an adventurous business person more than participating in the largest leveraged buyout (LBO) in history and becoming a billionaire along the way.
In Barbarians at the Gate (1989), Bryan Burrough and John Helyar narrate the chaotic battles that ensued after news broke that food and tobacco giant RJR Nabisco was seeking an LBO as a solution for the drop in stock prices caused in part by CEO Ross Johnson’s restlessness and gravitation towards extreme actions and risks. What followed was a sequence of shocking surprises and interferences. The end result was the biggest deal done to date, although it wasn’t Johnson who harvested its glory.