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On the verge of bankruptcy less than five years ago, many observers consider Gulfstream one of the most remarkable turnarounds in recent corporate history.

A. many observers consider Gulfstream - Who was on the verge of bankruptcy?? Answer is Not Observers but a company. This option answers Observers. Hence Incorrect.
B. Gulfstream is considered by many observers - CORRECT
C. many observers regard Gulfstream to be - Who was on the verge of bankruptcy?? Answer is Not Observers but a company. This option answers Observers. Moreover REGARD TO BE is unidiomatic. Hence Incorrect.
D. Gulfstream, according to many observers, is to be considered - Use of TO BE changes the original intent. Hence Incorrect.
E. it is considered by many observers that Gulfstream is- Who was on the verge of bankruptcy?? Answer is Observation but a company. This option answers Observation. Hence Incorrect.
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