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Resource ID: #18105
Subject: Business
Source: Florida Trend Magazine
Affiliation: 
Date: September

Description

The Florida Trend looks at the controversies that have teared apart the "once a billion-dollar family empire that encompassed Sunkist juice, Peoples Gas, Lykes hot dogs and meats, First Florida Banks and half-a-million acres of cattle ranches" in Florida. The story reports how 81 Lykes family shareholders have "dragged the once-formiddable, and always private Lykes Bros. company into court over their fair share of a shrunken empire." The author finds that regardless of the lawsuit's outcome, the future of the company is at risk.

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