Mr. Johnson's investment group made a modestly higher bid than that of Kohlberg Kravis Roberts & Co., but the latter's offer was accepted by RJR Nabisco's board. "Former RJR Nabisco CEO F. Ross Johnson Dies at Age 85," at 11:58 p.m. ET Friday, incorrectly stated in the third paragraph that Mr. Johnson's group was outbid. (Dec. 31, 2016)
(END) Dow Jones Newswires
December 31, 2016 00:56 ET (05:56 GMT)
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