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      "Rewrite every section divider with an action thesis (e.g., replace 'IV. Relative Valuation' with 'Exchange ratio of 1.55x sits within historical trading band, supporting deal fairness')",
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      "Collapse Slides 21–23 (three exchange-ratio variants) into one slide with a single recommended ratio and supporting alternates as small multiples",
      "Promote Slide 13's cost-savings NPVs into the executive opening (around Slide 6) so the synergy thesis is established before the valuation pages"
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