{ "kind": "all", "value": "all", "collectionKey": "slides:all:all:all-document-kinds:all-producers:all-orientations", "filters": { "documentKinds": [], "sourceTypes": [], "orientations": [] }, "total": 319975, "page": 2228, "pageSize": 60, "pageCount": 5333, "rows": [ { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 47, "slideType": "cite_precedent", "function": "cite_precedent", "notes": "The slide uses a process-like flow to map legal criteria to a specific financial outcome (Prime-plus 0.5% - 1.0%).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/47", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-47", "loopMatches": [ { "to": 50, "from": 36, "name": "Hypothesis Test", "slug": "42-hypothesis-test", "bestFor": "Strategy validation, due diligence, research presentations", "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4", "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.", "position": 1, "objective": "What if GGP's debt were re-priced to Till-mandated rates?", "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)", "confidence": 0.7, "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence" } ], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 48, "slideType": "cite_precedent", "function": "cite_precedent", "notes": "The slide uses a legal precedent to preemptively justify a specific financial assumption regarding interest rates in a bankruptcy scenario.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/48", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-48", "loopMatches": [ { "to": 50, "from": 36, "name": "Hypothesis Test", "slug": "42-hypothesis-test", "bestFor": "Strategy validation, due diligence, research presentations", "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4", "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.", "position": 1, "objective": "What if GGP's debt were re-priced to Till-mandated rates?", "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)", "confidence": 0.7, "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence" } ], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 49, "slideType": "transition", "function": "transition", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/49", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-49", "loopMatches": [ { "to": 50, "from": 36, "name": "Hypothesis Test", "slug": "42-hypothesis-test", "bestFor": "Strategy validation, due diligence, research presentations", "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4", "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.", "position": 1, "objective": "What if GGP's debt were re-priced to Till-mandated rates?", "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)", "confidence": 0.7, "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence" } ], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 50, "slideType": "valuation_table", "function": "analyze_data", "notes": "Includes a circled total of $5,099 million for cash flow available for debt repurchase.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/50", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-50", "loopMatches": [ { "to": 50, "from": 36, "name": "Hypothesis Test", "slug": "42-hypothesis-test", "bestFor": "Strategy validation, due diligence, research presentations", "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4", "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.", "position": 1, "objective": "What if GGP's debt were re-priced to Till-mandated rates?", "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)", "confidence": 0.7, "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence" } ], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 51, "slideType": "preempt_rebuttal", "function": "preempt_rebuttal", "notes": "The slide uses a bar chart to show that GGP's high leverage is common among peers, supporting the argument that liquidation is a bad precedent.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/51", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-51", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 52, "slideType": "section_divider", "function": "transition", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/52", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-52", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 53, "slideType": "thesis_headline", "function": "frame_situation", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/53", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-53", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 54, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide includes a specific callout box explaining why Simon's metrics are slightly skewed by the Mills portfolio.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/54", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-54", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 55, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a standard REIT valuation bridge to arrive at an implied cap rate.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/55", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-55", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 56, "slideType": "preempt_rebuttal", "function": "preempt_rebuttal", "notes": "The slide uses a stacked bar chart to distinguish between secured and unsecured debt, with callouts explaining specific debt obligations.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/56", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-56", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 57, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "Includes detailed footnotes explaining adjustments for debt, cash, and other assets.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/57", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-57", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 58, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a 'sum-of-the-parts' logic to argue for undervaluation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/58", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-58", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 59, "slideType": "appendix_data", "function": "analyze_data", "notes": "The chart highlights the 7.6% average cap rate for malls with a dotted horizontal line.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/59", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-59", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 60, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a peer benchmark (CB Richard Ellis) to justify the valuation multiple range.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/60", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-60", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 61, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a bridge methodology to arrive at a per-share valuation range.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/61", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-61", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 62, "slideType": "ceo_quote", "function": "expose_contradiction", "notes": "The slide uses a quote from a former CFO to establish that management previously acknowledged the development potential of the land, which the activist is now using to argue for higher valuation or strategic action.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/62", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-62", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 63, "slideType": "thesis_headline", "function": "quantify_opportunity", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/63", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-63", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 64, "slideType": "valuation_reveal", "function": "quantify_opportunity", "notes": "The slide uses an aerial photograph as evidence of under-utilization or under-earning potential.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/64", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-64", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 65, "slideType": "thesis_headline", "function": "frame_situation", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/65", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-65", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 66, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a '?' for Hidden Asset Value, implying it is the residual or unknown variable to reach the total valuation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/66", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-66", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 67, "slideType": "scenario_table", "function": "quantify_opportunity", "notes": "The table highlights the 9.4% cap rate column and the 5.5% ownership row as the break-even point.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/67", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-67", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4", "docSlug": "7d738951d1e5", "documentTitle": "General Growth Properties (GGWPQ)", "authorId": "01_Pershing_Square", "authorName": "Pershing Square", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-27 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 68, "slideType": "key_takeaways", "function": "summarize", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/68", "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-68", "loopMatches": [], "arcBeatMatches": [ { "to": 68, "from": 35, "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.", "position": 2, "confidence": 0.9, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 1, "slideType": "section_divider", "function": "introduce_nominees", "notes": "This is a transition slide for the nominee section of the activist deck.", "imagePath": "https://imgproxy.kitesheet.com/3JT_wDoD6FDDizSPA4qxMl5KGfUtC30owStJwjw9kUE/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy8zMTJjYzI5YjE0MzYvcDAwMS5qcGc", "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/1", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-1", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": "https://imgproxy.kitesheet.com/qvnr-q-nI_ncWhJZRq5I-RSSssYMvpaAm2YYIxFHfh8/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy8zMTJjYzI5YjE0MzYvcDAwMS5wbmc", "thumbSrc": "https://imgproxy.kitesheet.com/5bOZ_ZTYp1LAMbk0xY3G8SamhYi4j4JzPIlq5jcg99U/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy8zMTJjYzI5YjE0MzYvcDAwMS5qcGc", "thumbSrcAlt": "https://imgproxy.kitesheet.com/3qiPgEsQh2plXnNCEXtb7tT_rvWMGMN8pE3mCMmrJvs/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy8zMTJjYzI5YjE0MzYvcDAwMS5wbmc" }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 2, "slideType": "disclaimer", "function": "other", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/2", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-2", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 3, "slideType": "appendix_disclosure", "function": "front_matter", "notes": "Standard legal disclaimer page typical of activist investor presentations.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/3", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-3", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 4, "slideType": "agenda", "function": "front_matter", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/4", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-4", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 5, "slideType": "section_divider", "function": "transition", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/5", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-5", "loopMatches": [], "arcBeatMatches": [ { "to": 11, "from": 5, "beatId": "0e0b5653-71ba-4d7c-adc8-e306d91a0cb8", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the pain points with the current board, including lack of experience and poor strategy.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 6, "slideType": "key_messages", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/6", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-6", "loopMatches": [], "arcBeatMatches": [ { "to": 11, "from": 5, "beatId": "0e0b5653-71ba-4d7c-adc8-e306d91a0cb8", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the pain points with the current board, including lack of experience and poor strategy.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 7, "slideType": "timeline", "function": "expose_contradiction", "notes": "The slide uses a 'MISTAKE' callout to frame the board's decision as a strategic error.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/7", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-7", "loopMatches": [], "arcBeatMatches": [ { "to": 11, "from": 5, "beatId": "0e0b5653-71ba-4d7c-adc8-e306d91a0cb8", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the pain points with the current board, including lack of experience and poor strategy.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 8, "slideType": "timeline", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/8", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-8", "loopMatches": [], "arcBeatMatches": [ { "to": 11, "from": 5, "beatId": "0e0b5653-71ba-4d7c-adc8-e306d91a0cb8", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the pain points with the current board, including lack of experience and poor strategy.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 9, "slideType": "timeline", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/9", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-9", "loopMatches": [], "arcBeatMatches": [ { "to": 11, "from": 5, "beatId": "0e0b5653-71ba-4d7c-adc8-e306d91a0cb8", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the pain points with the current board, including lack of experience and poor strategy.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 10, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses yellow callout boxes to emphasize negative board actions.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/10", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-10", "loopMatches": [], "arcBeatMatches": [ { "to": 11, "from": 5, "beatId": "0e0b5653-71ba-4d7c-adc8-e306d91a0cb8", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the pain points with the current board, including lack of experience and poor strategy.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 11, "slideType": "executive_summary", "function": "frame_situation", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/11", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-11", "loopMatches": [], "arcBeatMatches": [ { "to": 11, "from": 5, "beatId": "0e0b5653-71ba-4d7c-adc8-e306d91a0cb8", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The document identifies the pain points with the current board, including lack of experience and poor strategy.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 12, "slideType": "section_divider", "function": "transition", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/12", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-12", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 13, "slideType": "villain_critique", "function": "name_villain", "notes": "Uses a three-column layout to categorize specific grievances against the board.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/13", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-13", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 14, "slideType": "villain_critique", "function": "name_villain", "notes": "Uses a comparison frame to contrast business areas with the board's lack of relevant experience.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/14", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-14", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 15, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a 'villain' framing by highlighting the lack of 'skin in the game' for the board.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/15", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-15", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 16, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": "The slide uses a table to establish the long-tenured nature of the board, likely to support an argument for board refreshment.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/16", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-16", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 17, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The chart uses a dual-axis approach to show both absolute EBIT and EBIT as a percentage of receivables.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/17", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-17", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 18, "slideType": "villain_critique", "function": "name_villain", "notes": "The slide uses a yellow callout box to highlight the board's restrictive behavior regarding advisor mandates.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/18", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-18", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 19, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses red 'X' icons to denote negative findings and a red bracket to highlight a conflict of interest.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/19", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-19", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 20, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a classic 'Reasons vs. Reality' framing to discredit the board's defensive arguments.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/20", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-20", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 21, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a red dashed circle to emphasize the $428.5 million total sales figure.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/21", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-21", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 22, "slideType": "comparison_table", "function": "expose_contradiction", "notes": "The slide uses a table to systematically critique board performance across five key areas.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/22", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-22", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 23, "slideType": "thesis_headline", "function": "frame_problem", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/23", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-23", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 24, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart uses a dual-line plot to show relative stock performance over a specific period.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/24", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-24", "loopMatches": [ { "to": 28, "from": 24, "name": "Tale Two Worlds", "slug": "04-tale-two-worlds", "bestFor": "Competitive analysis, benchmarking, case for change", "matchId": "cc264a6a-1272-4beb-938c-2516d327bab9", "evidence": "The document presents a comparison between Target and Wal-Mart, highlighting the differences in their performance.", "position": 0, "objective": "Compare Target's performance to Wal-Mart's, highlighting the difference between the two companies.", "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication", "confidence": 0.7, "description": "Show the gap between two states to drive urgency or highlight opportunity" } ], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 25, "slideType": "peer_gap", "function": "expose_gap", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/25", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-25", "loopMatches": [ { "to": 28, "from": 24, "name": "Tale Two Worlds", "slug": "04-tale-two-worlds", "bestFor": "Competitive analysis, benchmarking, case for change", "matchId": "cc264a6a-1272-4beb-938c-2516d327bab9", "evidence": "The document presents a comparison between Target and Wal-Mart, highlighting the differences in their performance.", "position": 0, "objective": "Compare Target's performance to Wal-Mart's, highlighting the difference between the two companies.", "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication", "confidence": 0.7, "description": "Show the gap between two states to drive urgency or highlight opportunity" } ], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 26, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart highlights a divergence in performance between the two retailers during the 2008 financial period.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/26", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-26", "loopMatches": [ { "to": 28, "from": 24, "name": "Tale Two Worlds", "slug": "04-tale-two-worlds", "bestFor": "Competitive analysis, benchmarking, case for change", "matchId": "cc264a6a-1272-4beb-938c-2516d327bab9", "evidence": "The document presents a comparison between Target and Wal-Mart, highlighting the differences in their performance.", "position": 0, "objective": "Compare Target's performance to Wal-Mart's, highlighting the difference between the two companies.", "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication", "confidence": 0.7, "description": "Show the gap between two states to drive urgency or highlight opportunity" } ], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 27, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a callout box to question Target's performance during the 2006-2007 period.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/27", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-27", "loopMatches": [ { "to": 28, "from": 24, "name": "Tale Two Worlds", "slug": "04-tale-two-worlds", "bestFor": "Competitive analysis, benchmarking, case for change", "matchId": "cc264a6a-1272-4beb-938c-2516d327bab9", "evidence": "The document presents a comparison between Target and Wal-Mart, highlighting the differences in their performance.", "position": 0, "objective": "Compare Target's performance to Wal-Mart's, highlighting the difference between the two companies.", "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication", "confidence": 0.7, "description": "Show the gap between two states to drive urgency or highlight opportunity" } ], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 28, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": "The slide uses a comparison-style layout to link board experience to specific business domains.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/28", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-28", "loopMatches": [ { "to": 28, "from": 24, "name": "Tale Two Worlds", "slug": "04-tale-two-worlds", "bestFor": "Competitive analysis, benchmarking, case for change", "matchId": "cc264a6a-1272-4beb-938c-2516d327bab9", "evidence": "The document presents a comparison between Target and Wal-Mart, highlighting the differences in their performance.", "position": 0, "objective": "Compare Target's performance to Wal-Mart's, highlighting the difference between the two companies.", "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication", "confidence": 0.7, "description": "Show the gap between two states to drive urgency or highlight opportunity" } ], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 29, "slideType": "villain_critique", "function": "name_villain", "notes": "The slide uses a red 'X' icon for each bullet point to emphasize the negative nature of the board's actions.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/29", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-29", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 30, "slideType": "before_after", "function": "expose_contradiction", "notes": "Uses a before-after framing to contrast historical market positions with current ones.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/30", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-30", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 31, "slideType": "key_messages", "function": "introduce_nominees", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/31", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-31", "loopMatches": [], "arcBeatMatches": [ { "to": 31, "from": 12, "beatId": "87bf877b-4541-414a-9f31-4356a36b3b94", "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 problems, highlighting the consequences of the board's actions and inactions.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 32, "slideType": "transition", "function": "introduce_nominees", "notes": "This is a standard 'call to action' transition slide in a proxy contest.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/32", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-32", "loopMatches": [], "arcBeatMatches": [ { "to": 80, "from": 32, "beatId": "7735490e-2e7b-46d5-97f5-0f10059a802f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document presents Pershing Square's nominees as a solution to the problems identified.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 33, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/33", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-33", "loopMatches": [], "arcBeatMatches": [ { "to": 80, "from": 32, "beatId": "7735490e-2e7b-46d5-97f5-0f10059a802f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document presents Pershing Square's nominees as a solution to the problems identified.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 34, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/34", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-34", "loopMatches": [], "arcBeatMatches": [ { "to": 80, "from": 32, "beatId": "7735490e-2e7b-46d5-97f5-0f10059a802f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document presents Pershing Square's nominees as a solution to the problems identified.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 35, "slideType": "comparison_table", "function": "compare_peers", "notes": "Uses a contrast-pair framework to highlight the superiority of the activist slate.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/35", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-35", "loopMatches": [], "arcBeatMatches": [ { "to": 80, "from": 32, "beatId": "7735490e-2e7b-46d5-97f5-0f10059a802f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document presents Pershing Square's nominees as a solution to the problems identified.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 36, "slideType": "section_divider", "function": "transition", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/36", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-36", "loopMatches": [], "arcBeatMatches": [ { "to": 80, "from": 32, "beatId": "7735490e-2e7b-46d5-97f5-0f10059a802f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document presents Pershing Square's nominees as a solution to the problems identified.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 37, "slideType": "thesis_headline", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/37", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-37", "loopMatches": [], "arcBeatMatches": [ { "to": 80, "from": 32, "beatId": "7735490e-2e7b-46d5-97f5-0f10059a802f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document presents Pershing Square's nominees as a solution to the problems identified.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9b-3e71de80700d", "docSlug": "312cc29b1436", "documentTitle": "Target Corporation (TGT)", "authorId": "01_Pershing_Square", "authorName": "William Ackman", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2009-05-11 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 38, "slideType": "ceo_quote", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9b-3e71de80700d/38", "deckHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3e71de80700d#slide-38", "loopMatches": [], "arcBeatMatches": [ { "to": 80, "from": 32, "beatId": "7735490e-2e7b-46d5-97f5-0f10059a802f", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document presents Pershing Square's nominees as a solution to the problems identified.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true } ] }