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What happened to founder - owned U . S . firms as they grew? They acquired larger companies. Control shifted to professional managers while ownership

What happened to founder

-

owned U

.

.

firms as they grew?

They acquired larger companies.

Control shifted to professional managers while ownership shifted to shareholders.

Control stayed with the founder

-

owners while management shifted to professionals.

They remained founder

-

owned and founder

-

controlled.

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