{ "kind": "all", "value": "all", "collectionKey": "slides:all:all:all-document-kinds:all-producers:all-orientations", "filters": { "documentKinds": [], "sourceTypes": [], "orientations": [] }, "total": 319975, "page": 1886, "pageSize": 60, "pageCount": 5333, "rows": [ { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 1, "slideType": "cover", "function": "front_matter", "notes": null, "imagePath": "https://imgproxy.kitesheet.com/6QlOiIZcToLJjwCiQokegG7Lts4U-WvJNQ42WUHt5Gc/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy8zZDRiNmJkZGJhMjcvcDAwMS5qcGc", "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/1", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-1", "loopMatches": [ { "to": 4, "from": 1, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "a623f32c-ac2f-425f-9f01-0a954d43ba18", "evidence": "The document presents a clear and logical argument for changing the board, using a golden circle structure.", "position": 1, "objective": "To present a clear and logical argument for changing the board", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 4, "from": 1, "beatId": "bcbeb7ed-77c2-4bc0-950b-91a98c1aa47c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the problem with the current board and the pain it causes for investors and the company.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": "https://imgproxy.kitesheet.com/qcNk3fOBVUvsntN3iKiVjJZW3uBRNGlv7B-mQO1XSIw/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy8zZDRiNmJkZGJhMjcvcDAwMS5wbmc", "thumbSrc": "https://imgproxy.kitesheet.com/CyiJ8ggzaSNDSluxfI6dnFcLmMnrkO3RyyqBZCAnIPo/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy8zZDRiNmJkZGJhMjcvcDAwMS5qcGc", "thumbSrcAlt": "https://imgproxy.kitesheet.com/9aecUG9yWNJMrJurcZRSMIywNIUxUzJGVUq5i10Map4/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy8zZDRiNmJkZGJhMjcvcDAwMS5wbmc" }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 2, "slideType": "timeline", "function": "expose_contradiction", "notes": "The slide uses a timeline to frame the company's actions as a reactive and opaque response to shareholder pressure.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/2", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-2", "loopMatches": [ { "to": 4, "from": 1, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "a623f32c-ac2f-425f-9f01-0a954d43ba18", "evidence": "The document presents a clear and logical argument for changing the board, using a golden circle structure.", "position": 1, "objective": "To present a clear and logical argument for changing the board", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 4, "from": 1, "beatId": "bcbeb7ed-77c2-4bc0-950b-91a98c1aa47c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the problem with the current board and the pain it causes for investors and the company.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 3, "slideType": "comparison_table", "function": "compare_peers", "notes": "Uses a comparison table structure to clarify voting thresholds and timelines for two different shareholder actions.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/3", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-3", "loopMatches": [ { "to": 4, "from": 1, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "a623f32c-ac2f-425f-9f01-0a954d43ba18", "evidence": "The document presents a clear and logical argument for changing the board, using a golden circle structure.", "position": 1, "objective": "To present a clear and logical argument for changing the board", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 4, "from": 1, "beatId": "bcbeb7ed-77c2-4bc0-950b-91a98c1aa47c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the problem with the current board and the pain it causes for investors and the company.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 4, "slideType": "thesis_headline", "function": "frame_problem", "notes": "Uses a comparative equation structure to contrast the Board's current valuation with the activist's proposed alternative.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/4", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-4", "loopMatches": [ { "to": 4, "from": 1, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "a623f32c-ac2f-425f-9f01-0a954d43ba18", "evidence": "The document presents a clear and logical argument for changing the board, using a golden circle structure.", "position": 1, "objective": "To present a clear and logical argument for changing the board", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 4, "from": 1, "beatId": "bcbeb7ed-77c2-4bc0-950b-91a98c1aa47c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the problem with the current board and the pain it causes for investors and the company.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 5, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "Uses a simple additive visual structure to show the components of the deal value.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/5", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-5", "loopMatches": [ { "to": 7, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8a6088cc-0e6d-4b89-ad3a-7729ffd49e3b", "evidence": "The document highlights the costs of inaction and the risks of not changing the board.", "position": 0, "objective": "To highlight the costs of not changing the board", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 7, "from": 5, "beatId": "430a08e6-8dfb-4734-b4b7-4ad5a1f4700f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The document agitates the problem by highlighting the consequences of inaction and the risks of not changing the board.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 6, "slideType": "comparison_table", "function": "compare_peers", "notes": "Uses a contrast-pairs framework to highlight the deficiencies of the incumbent board against the proposed alternative.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/6", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-6", "loopMatches": [ { "to": 7, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8a6088cc-0e6d-4b89-ad3a-7729ffd49e3b", "evidence": "The document highlights the costs of inaction and the risks of not changing the board.", "position": 0, "objective": "To highlight the costs of not changing the board", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 7, "from": 5, "beatId": "430a08e6-8dfb-4734-b4b7-4ad5a1f4700f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The document agitates the problem by highlighting the consequences of inaction and the risks of not changing the board.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 7, "slideType": "preempt_rebuttal", "function": "preempt_rebuttal", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/7", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-7", "loopMatches": [ { "to": 7, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8a6088cc-0e6d-4b89-ad3a-7729ffd49e3b", "evidence": "The document highlights the costs of inaction and the risks of not changing the board.", "position": 0, "objective": "To highlight the costs of not changing the board", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 7, "from": 5, "beatId": "430a08e6-8dfb-4734-b4b7-4ad5a1f4700f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The document agitates the problem by highlighting the consequences of inaction and the risks of not changing the board.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 8, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses specific valuation math (8.3x EBITDA multiple) to illustrate shareholder value impact.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/8", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-8", "loopMatches": [], "arcBeatMatches": [ { "to": 10, "from": 8, "beatId": "958256e7-712a-4805-9cd8-15eaeb3c7d22", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document provides a solution by proposing a new board and highlighting its benefits.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 9, "slideType": "comparison_table", "function": "expose_contradiction", "notes": "Uses a contrast-pairs framework to highlight the incumbent board's failures versus the proposed board's potential.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/9", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-9", "loopMatches": [], "arcBeatMatches": [ { "to": 10, "from": 8, "beatId": "958256e7-712a-4805-9cd8-15eaeb3c7d22", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document provides a solution by proposing a new board and highlighting its benefits.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 10, "slideType": "closing_ask", "function": "closing_ask", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/10", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-10", "loopMatches": [], "arcBeatMatches": [ { "to": 10, "from": 8, "beatId": "958256e7-712a-4805-9cd8-15eaeb3c7d22", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document provides a solution by proposing a new board and highlighting its benefits.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 11, "slideType": "appendix", "function": "appendix", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/11", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-11", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 12, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": "The slide uses a 'cohesive team' framing to link individual bios to a set of five strategic capabilities.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/12", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-12", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 13, "slideType": "other", "function": "plan_implementation", "notes": "The slide outlines a governance structure including a new Compliance & Quality Committee.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/13", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-13", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 14, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/14", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-14", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 15, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/15", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-15", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 16, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/16", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-16", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-07b7650796bf", "docSlug": "3d4b6bddba27", "documentTitle": "Health Management Associates (HMA)", "authorId": "12_Glenview", "authorName": "Larry Robbins", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 17, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-07b7650796bf/17", "deckHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-07b7650796bf#slide-17", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 8, "slideType": "key_takeaways", "function": "summarize", "notes": "The chart highlights two recession periods (2001-2002 and 2008-2009) to demonstrate industry stability.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/8", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-8", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 9, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart compares ADT against Verizon, AT&T, DirecTV, DISH, and Cable industry estimates from 2007 to 2012E.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/9", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-9", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 10, "slideType": "kpi_overview", "function": "analyze_data", "notes": "The slide highlights financial performance trends including the impact of the Brinks acquisition.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/10", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-10", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 11, "slideType": "thesis_headline", "function": "frame_situation", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/11", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-11", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 12, "slideType": "scenario_table", "function": "analyze_data", "notes": "The table compares three financial scenarios (Base, Upside, Downside) across various metrics including Target Price, EBITDA, Debt, and P/E ratios.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/12", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-12", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 13, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide argues that ADT's cash flow profile is similar to REITs and should be valued using AFFO multiples.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/13", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-13", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 14, "slideType": "appendix_data", "function": "analyze_data", "notes": "The slide compares two methodologies for calculating free cash flow: one excluding price increases (AFFO) and one including them (bond methodology).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/14", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-14", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 15, "slideType": "key_takeaways", "function": "summarize", "notes": "The slide uses a hierarchical bulleted list to categorize value creation strategies.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/15", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-15", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 16, "slideType": "propose_solution", "function": "present_solution", "notes": "The slide uses a hub-and-spoke diagram to show the integration of various services into the Pulse platform, and a growth trajectory chart to illustrate revenue expansion over time.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/16", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-16", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 17, "slideType": "key_messages", "function": "summarize", "notes": "This slide is from a Corvex Management presentation regarding ADT.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/17", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-17", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 18, "slideType": "key_messages", "function": "size_opportunity", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/18", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-18", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 19, "slideType": "kpi_overview", "function": "analyze_data", "notes": "The slide uses two charts to illustrate margin performance and cost efficiency.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/19", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-19", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 20, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses a red dashed box to highlight the specific SG&A metrics being compared across companies.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/20", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-20", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 21, "slideType": "key_messages", "function": "summarize", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/21", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-21", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 22, "slideType": "thesis_headline", "function": "quantify_opportunity", "notes": "This is an activist investor presentation slide (Corvex Management LP) advocating for capital structure optimization.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/22", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-22", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 23, "slideType": "propose_solution", "function": "propose_solution", "notes": "This is an activist investor slide from Corvex Management regarding ADT.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/23", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-23", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 24, "from": 23, "beatId": "43cbb52e-6bc5-4768-a872-fca60befd454", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Slides 23-24: Optimize Capital Structure and Capital Allocation", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 24, "slideType": "propose_solution", "function": "propose_solution", "notes": "The slide uses a flow-chart style diagram to show capital allocation strategy.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/24", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-24", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 24, "from": 23, "beatId": "43cbb52e-6bc5-4768-a872-fca60befd454", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Slides 23-24: Optimize Capital Structure and Capital Allocation", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 25, "slideType": "thesis_headline", "function": "analyze_data", "notes": "The slide uses a table to demonstrate the discrepancy between coupon rates and current market yields to support the argument for debt-equity optimization.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/25", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-25", "loopMatches": [ { "to": 25, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058", "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.", "position": 0, "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 26, "slideType": "comparison_table", "function": "compare_peers", "notes": "The table includes specific company data, sector averages (Cable/Satellite, Telco, REIT, Utilities, Staples), and summary statistics (Mean, Median).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/26", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-26", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 27, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart uses color coding to distinguish between specific companies (Vivint, Securitas, Monitronics, Protection 1, ADT) and broader industry sectors (Sector Group Median, Cable, Satellite, and Telecom).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/27", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-27", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 28, "slideType": "thesis_headline", "function": "present_solution", "notes": "Uses a simple additive equation structure to communicate value creation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/28", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-28", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 29, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The table demonstrates the sensitivity of share price to Net Debt/EBITDA ratios, illustrating the 'equity shrink' effect.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/29", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-29", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 30, "slideType": "key_takeaways", "function": "summarize", "notes": "The slide uses a screenshot of a Bloomberg terminal chart as the primary evidence.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/30", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-30", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 31, "slideType": "valuation_table", "function": "compare_peers", "notes": "The chart highlights specific companies (ADT, Monitronics) against sector medians.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/31", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-31", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 32, "slideType": "valuation_table", "function": "compare_peers", "notes": "The chart compares ADT's levered FCF yield against a peer group of cable, satellite, telecom, and other sectors.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/32", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-32", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 33, "slideType": "valuation_table", "function": "compare_peers", "notes": "The chart highlights ADT and Monitronics specifically within the peer group.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/33", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-33", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 34, "slideType": "valuation_table", "function": "analyze_data", "notes": "The chart uses a 'bond methodology' including pricing add-backs to normalize the yield comparison.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/34", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-34", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 35, "slideType": "valuation_table", "function": "compare_peers", "notes": "The chart highlights ADT in red and Monitronics in purple, with a specific annotation for ADT regarding growth capex.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/35", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-35", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 36, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart uses color coding to distinguish between the sector group median, the cable/satellite/telecom group, ADT, and Monitronics.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/36", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-36", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 37, "slideType": "valuation_table", "function": "compare_peers", "notes": "The chart uses color coding to distinguish between the specific company (ADT) and the broader sector group.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/37", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-37", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 38, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart uses color coding to distinguish between specific companies (ADT, Monitronics) and sector groups.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/38", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-38", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 39, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart uses color coding to distinguish between sector medians, cable/satellite/telecom, ADT, and Monitronics.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/39", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-39", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 40, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart highlights ADT's performance at different leverage levels compared to cable, satellite, telecom, REITs, utilities, consumer staples, and MLPs.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/40", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-40", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 41, "slideType": "precedent_table", "function": "cite_precedent", "notes": "The chart highlights that ADT is trading at a lower multiple (46.0x) compared to recent precedent transactions (54.1x - 57.1x).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/41", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-41", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 42, "slideType": "preempt_rebuttal", "function": "preempt_rebuttal", "notes": "This slide is part of an investor presentation by Corvex Management LP.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/42", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-42", "loopMatches": [ { "to": 49, "from": 42, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "5881a627-ca71-444a-8fa4-55ff7c937627", "evidence": "Slides 42-49 address bear arguments and cable's relevance as a competitor.", "position": 1, "objective": "Address potential bear arguments and cable entry/threat.", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.6, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 43, "slideType": "appendix_methodology", "function": "present_framework", "notes": "This slide is part of an activist investor presentation (Corvex Management) justifying why the company should prioritize growth investment over immediate cash flow.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/43", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-43", "loopMatches": [ { "to": 49, "from": 42, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "5881a627-ca71-444a-8fa4-55ff7c937627", "evidence": "Slides 42-49 address bear arguments and cable's relevance as a competitor.", "position": 1, "objective": "Address potential bear arguments and cable entry/threat.", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.6, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 44, "slideType": "preempt_rebuttal", "function": "preempt_rebuttal", "notes": "The slide uses direct quotes from ADT's own investor presentations to build credibility.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/44", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-44", "loopMatches": [ { "to": 49, "from": 42, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "5881a627-ca71-444a-8fa4-55ff7c937627", "evidence": "Slides 42-49 address bear arguments and cable's relevance as a competitor.", "position": 1, "objective": "Address potential bear arguments and cable entry/threat.", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.6, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 45, "slideType": "key_messages", "function": "summarize", "notes": "This slide is part of an activist investor presentation (Corvex Management LP) regarding ADT.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/45", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-45", "loopMatches": [ { "to": 49, "from": 42, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "5881a627-ca71-444a-8fa4-55ff7c937627", "evidence": "Slides 42-49 address bear arguments and cable's relevance as a competitor.", "position": 1, "objective": "Address potential bear arguments and cable entry/threat.", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.6, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 46, "slideType": "appendix", "function": "summarize", "notes": "Includes a quote from Kathryn A. Mikells dated 9/18/12.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/46", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-46", "loopMatches": [ { "to": 49, "from": 42, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "5881a627-ca71-444a-8fa4-55ff7c937627", "evidence": "Slides 42-49 address bear arguments and cable's relevance as a competitor.", "position": 1, "objective": "Address potential bear arguments and cable entry/threat.", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.6, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 47, "slideType": "preempt_rebuttal", "function": "preempt_rebuttal", "notes": "This is an investor presentation slide from Corvex Management regarding ADT.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/47", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-47", "loopMatches": [ { "to": 49, "from": 42, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "5881a627-ca71-444a-8fa4-55ff7c937627", "evidence": "Slides 42-49 address bear arguments and cable's relevance as a competitor.", "position": 1, "objective": "Address potential bear arguments and cable entry/threat.", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.6, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 48, "slideType": "preempt_rebuttal", "function": "preempt_rebuttal", "notes": "This is a slide from a Corvex Management presentation arguing against a potential market expansion by cable companies.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/48", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-48", "loopMatches": [ { "to": 49, "from": 42, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "5881a627-ca71-444a-8fa4-55ff7c937627", "evidence": "Slides 42-49 address bear arguments and cable's relevance as a competitor.", "position": 1, "objective": "Address potential bear arguments and cable entry/threat.", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.6, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 49, "slideType": "villain_critique", "function": "name_villain", "notes": "The slide uses a list of negative attributes to discredit the cable industry as a benchmark.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/49", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-49", "loopMatches": [ { "to": 49, "from": 42, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "5881a627-ca71-444a-8fa4-55ff7c937627", "evidence": "Slides 42-49 address bear arguments and cable's relevance as a competitor.", "position": 1, "objective": "Address potential bear arguments and cable entry/threat.", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.6, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-022165a95b3b", "docSlug": "b11f53a9759d", "documentTitle": "ADT Corporation (ADT)", "authorId": "11_Corvex", "authorName": "Keith Meister", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-24 00:00:00", "orientation": "portrait", "aspectRatio": 0.70665085, "pageNumber": 50, "slideType": "key_takeaways", "function": "summarize", "notes": "The slide uses a simple additive and causal flow to summarize the investment thesis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/50", "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-50", "loopMatches": [], "arcBeatMatches": [ { "to": 50, "from": 50, "beatId": "7537dbdb-33fb-4262-8634-2338b40e2ef3", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Satisfaction", "beatSlug": "monroes-sequence-satisfaction", "evidence": "Slide 50: Conclusion", "position": 4, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true } ] }