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Barbarians at the Gate: The Fall of RJR Nabisco Highlight

posted on in: Quote.

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The management group’s decision to “pile on the PIK” in place of cash still boggled his mind.

— Bryan Burrough and John Helyar

Replicated under Fair Use from Barbarians at the Gate: The Fall of RJR Nabisco by Bryan Burrough and John Helyar. (Pg. 489)