Advice for the Bosses -- DeWese

In 1999, I sold the company, this time for $86.5 million cash to a huge international printing company. The private equity company was ecstatic; they hit the home run on their 80 percent. My pal got his second bite at the apple with his 20 percent.

I won't say more because some of you may guess who he is, but I will tell you that when we sold he had five plants and two of them were packaging companies with the same diecutters, blankers and folder/gluers that many of you have.