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Sorenson Talks Conflict Avoidance in Family Firms

The Lund family, who owns Lunds & Byerlys, had a recent high profile case settling a buyout from one family member from the business. The judge awarded one of the four sibling owners $45.2 million as she sells her shares to her siblings.

Opus Endowed Chair in Family Business Ritch Sorenson spoke with the Star Tribune about managing conflict in a family business ways to avoid disputes getting to this point.

Read the article here.