This paper presents an approach for assessing turnaround opportunities that entails both pre- and post-turnaround valuation considerations, as well as exit planning. The approach is illustrated by way of the Scott Paper Company (Scott) turnaround. In April of 1994, Scott appointed “Chainsaw”...

Purpose: Assess the value and risks of Disney's 2009 $4 billion acquisition of the Marvel Entertainment Group (Marvel) in a case study utilizing the modern Graham and Dodd valuation approach.Design/methodology/approach: Presents a detailed valuation of Marvel in 2009 drawing on previously...