The Ringling Bros and Barnum and Bailey Circus has been managed by Irving Feld and his children for the past sixty years, and a new generation of Felds are already planning to be involved in running the business as well. Assuming the business remains economically viable, how is the next transition of company ownership MOST likely to be accomplished? A. via a family transfer B. by a direct sale C. through a liquidation D. in an IPO



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