Sources close to the deal, however, rejected any thought that Mr. Weill was taking on a turnaround situation, maintaining that it met Mr. Weill's goal of a big company that he could build in much the same way as he did the investment house now known as Shearson Lehman Brothers Inc.
Executives from its parent company, Walt Disney, have pointed to ABC as one place the company is counting on a turnaround.
This is a turnaround situation and one of the things you need to do on a turnaround is to be upfront about the fact that you face some long odds here.
Mr. Ackman, like Burger King's private equity owners, is focused on a turnaround.
First, which is already working on a turnaround plan, snubbed Sandell in December.
The hedge fund manager William A. Ackman is betting on a turnaround for the embattled retailer.
He scored on a turnaround jump hook the next possession and stretched the lead.
In other words, you don't count on a turnaround, you make a turnaround happen.
Ford executives are also at work on a turnaround effort to return to profitability.
Mr. Polet refused to put a time frame on a turnaround of the French brand.
He scored his first basket a minute later, on a turnaround jump shot.
