Resolve an Ownership Dispute in a Family BusinessBy
I took over my father's business after working in the company for 15 years. I turned it around from a negative net worth to a $4 million valuation. My three nonworking sisters own 37.5 percent and I own 32.5 percent of the company. My mom and dad own the rest, but the family refused my offer to buy them out and told me I'm an employee and can quit if I want. I feel I'm getting a raw deal. Am I? —D.B., submitted online
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.