The art of the turnaround

04/27/2009 | Bloomberg Businessweek

Whether it's a takeover of a beleaguered competitor, a service provider you'd love to bring in-house or a totally new venture, experts agree it's a great time to be looking at acquiring companies in need of a turnaround. You'll want to work with a broker for the actual sale, writes Karen E. Klein, but be prepared to go well beyond the normal due diligence and to do the work yourself.

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