Driving home from the color Sampson Manufacturing Company on a beautiful spring day, David Finster assessment as to whether to purchase the business. Four months earlier, on 20 December, 1980, he was elected president of the Sampson painting and its 82-percent subsidiary, Alcatraz Company; were both paint manufacturing company, with headquarters and manufacturing facilities in Richmond, Virginia, and a combined annual turnover of $ 5.2 million. Finster had a year agreed emp … Read more »

Driving home from the color Sampson Manufacturing Company on a beautiful spring day, David Finster assessment as to whether to purchase the business. Four months earlier, on 20 December, 1980, he was elected president of the Sampson painting and its 82-percent subsidiary, Alcatraz Company; were both paint manufacturing company, with headquarters and manufacturing facilities in Richmond, Virginia, and a combined annual turnover of $ 5.2 million. Finster had agreed to a one-year contract, while he pondered his decision. Sampson was on the verge of bankruptcy, and if Finster hoping to turn it around, he would also have to decide how to structure the business.
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from
Frank E. Genovese
Source: Darden School of Business
22 pages.
Publication Date: Jan 14, 2004. Prod #: UV2701-PDF-ENG
Sampson Color Manufacturing Company HBR case solution