Doing an LBO isn't necessarily stealing the company, especially considering that the owners are pretty well-positioned to value it.
I have a buddy who also "did business" with Kraft. He liked him personally, but that was just based on the fact that Kraft had lots of pictures of his family in his office.
Another old friend did business with Eddie Debartolo--said he was nothing more than a whiny, not too bright spoiled rich kid.