Kravis, Henry

Kravis, Henry definition - finance
One of the principals of Kohlberg Kravis Roberts & Co., which pioneered the leveraged buy-out, which uses debt to take control of companies from shareholders. Kravis and his company are known for the $25 billion leveraged buyout of RJR Nabisco in the late 1980s, which was the largest U.S. takeover up to that time.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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