Research a company that has successfully or unsuccessfully experienced a turnaround strategy and address the following:

1. What causes forced the company to restructure?

2. What restructuring options did the company consider?

3. Briefly describe the restructuring plan and its outcome – be sure to address whether value was created and how (if the business failed please comment on the impact to shareholders)

4. As a stakeholder how do you feel about the company’s restructuring plan and why