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A family media enterprise with very strong family culture and values is in the third and fourth generations of ownership and governance. They face a crisis when a large number of family shareholders want to cash out their shares. What led to this situation? How could it have been avoided? How should it be resolved?
Lack of succession and liquidity planning can harm the business through generations when it becomes a crisis.
© The Kellogg School of Management at Northwestern University
2007
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