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Article Excerpt
Byline: Ken MacFadyen
River Capital's Jerry Wethington, a managing principal and president at the private equity firm, recited a story at a recent panel discussion in which two parties met to discuss a possible tie up. On one side was the founder of a company and his two siblings, who were all drinking milk, and on the other was the owner of a rival company, a lone man in a suit who ordered Scotch. Wethington, who was a third party to the proceedings, called it the "first sign" that the merger between the two might be a difficult endeavor.
Indeed, the driving theme at the panel discussion, which focused...
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