The Bancroft family is an interesting example. FOR 105 years,the Bancroft family owned The Wall Street Journal. IT is one of the most famous newspapers in the United States. BUT there were many family problems. They did not communicate well, and they disagreed about many things. One person said that they couldn't even agree on where to go lunch! They younger family members wanted the business to be more profitable. The older members thought the quality of the paper was more important than making money. IN addition,the family let people outside of the family manage the newspaper. They did not take part in many important decisions. Finally, in 2007, all 33 of the Bancroft family owners agreed to sell the company.Although the business had lasted several generations, the Bancroft eventually had to sell their company because they did not manage it well. IN the end,many of their family relationships suffered.