Presents the history of the music retailer in Miami, which began in the late 1940s, grew during the 1960s and 1970s, and went public in 1985, before the industry is going through a deep crisis in the mid-1990s. When asked in 1996 whether the company should try to sell again after a failed attempt to sell two years ago. If the owners are once again trying to sell before the sector of the economy has become so unattractive to make future sales possible? Or should they hold on, try to improve the performance, and then try to sell in two years? This question is on the background of a strong history as a family business. Martin Spector, founder of the company, the company turned to his daughter, Anne (CEO) and Rose (COO), which is still to postpone it for important decisions. In the context of the important decision to sell the company, family dynamics in the spotlight.
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by John A. Davis, Susan S. Harmeling Source: Harvard Business School 23 pages. Publication Date: March 2, 2000. Prod. #: 800336-PDF-ENG
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