Anheuser-Busch, Champagne Taittinger, Malt-O-Meal and The Wall Street Journal are some illustrative examples of the behaviour of family owners relinquishing the control of the business, not without expressing regret after the sale.
In family businesses, the underlying processes of the divestment decision-making are not only driven by financial logics, but also by emotional logics. How do they play out across family business archetypes and what families can do to make the right decision of selling or not selling the business with limited regret?
