<ul data-eligibleForWebStory="true"><li>Richard Beattie, a mergers lawyer known for pioneering private equity takeovers and immortalized in 'Barbarians at the Gate', died at 86 in Manhattan.</li><li>Beattie, a long-time attorney at Simpson Thacher & Bartlett, played a key role in major corporate deals like AOL's takeover of Time Warner and JPMorgan Chase's acquisition of Bank One.</li><li>He advised American International Group during its $85 billion federal bailout in 2008 and served as Simpson Thacher's chairman from 1991 to 2004.</li><li>Beattie foresaw the rise of private equity in the late 1960s and worked closely with Henry R. Kravis on notable leveraged buyouts, including the $25 billion RJR Nabisco takeover in 1989.</li><li>The RJR Nabisco deal was documented in 'Barbarians at the Gate' and held the record for the decade as the largest leveraged buyout.</li></ul>

Richard Beattie, Who Helped Pioneer Private Equity Takeovers, Dies at 86

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