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Minding the Family Store for the Next Generation

When Paul Hirshleifer left Hirshleifers, the retailer his great-grandfather founded 105 years ago, to his three daughters, he had little hope they could keep it going. The patriarch, who died in 2004, never shared important information about vendors, finances, and other matters. But Shelley, Caryn, and Lori Hirshleifer have had more success than most siblings who inherit a company.

 

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