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      "Rewrite every title bar as a declarative sentence carrying the takeaway (e.g. s8 'Analysis at various prices' -> 'At $80, K-2 trades at 9.2x EBITDA - in line with precedents')",
      "Add a closing 'Recommendation & next steps' slide after slide 17 with negotiation range, fairness considerations, and proposed process",
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      "Convert agenda dividers (s5, s9, s18) from generic TOC reprints to section-thesis pages (e.g. 'Public markets imply $68-75; private value supports a premium')",
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