Bert Twaalfhoven (70; HBS '54) is faced with two proposals to acquire industrial holding company he founded more than 40 years. Despite the attractive price that will net Twaalfhoven and his family $ 70 million, he does not want to sell the company because his original vision was to create a family-run conglomerate that will last for generations. Of his eight children, two respective successors, but does not show much interest in the footsteps of his father.
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by Daniel J. Isenberg Source: Harvard Business School 22 pages. Publication Date: 05 June, 2007. Prod. #: 807165-PDF-ENG
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