John O’Callahan returned from the University of Guelph as a recent graduate, engaged to be married. He excitedly told his parents that he and his fiancée would like to take over the family dairy farm after their summer wedding. His parents, Michael and Audrey were glad to hear the news, as she had always planned that her family farm would transition to the next generation. At the same time they were a little anxious because they do not expect the decision to come so soon, and had not made … Read more »

John O’Callahan returned from the University of Guelph as a recent graduate, engaged to be married. He excitedly told his parents that he and his fiancée would like to take over the family dairy farm after their summer wedding. His parents, Michael and Audrey were glad to hear the news, as she had always planned that her family farm would transition to the next generation. At the same time they were a little anxious because they do not expect that the decision to come so soon, and had made no formal succession plans or discussed this issue with their children. Michael and Audrey wanted to ensure that the sale price and other agreements would allow them to easily and that each purchase would withdraw into account all three of her children. John had the task of coming up with a proposal, given an appropriate valuation of Cloverleaf Dairy as a starting point for discussion in the family included. Although his parents and sisters seemed positively disposed to the purchase, in order to proceed, had the rating on all parties to meet the short and long term.
«Hide

from
Janelle man
Charles Mossman
Source: North American Case Research Association (NACRA)
20 pages.
Release date: 01 Begin in May 2013. Prod #: NA0230-PDF-ENG
Clover Diary, Inc. – Evaluation of Dairy Farm HBR case solution