{
  "kind": "all",
  "value": "all",
  "collectionKey": "slides:all:all:all-document-kinds:all-producers:all-orientations",
  "filters": {
    "documentKinds": [],
    "sourceTypes": [],
    "orientations": []
  },
  "total": 319975,
  "page": 2261,
  "pageSize": 60,
  "pageCount": 5333,
  "rows": [
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 20,
      "slideType": "propose_solution",
      "function": "propose_solution",
      "notes": "The slide advocates for 3G Capital-style operational efficiency measures.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/20",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-20",
      "loopMatches": [
        {
          "to": 21,
          "from": 16,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "fc0ae90d-32bd-44e4-b803-74cfbeed0ee4",
          "evidence": "The presentation highlights the potential benefits of implementing 3G's ZBB approach at Mondelez",
          "position": 0,
          "objective": "What are the consequences of not taking action to improve profitability?",
          "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"
        },
        {
          "to": 25,
          "from": 18,
          "name": "Before After",
          "slug": "21-before-after",
          "bestFor": "Product demos, process improvements, ROI justification",
          "matchId": "97c2c704-495e-4d46-9b3d-260b0012b18e",
          "evidence": "The presentation provides examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 1,
          "objective": "How can we improve the profitability of portfolio companies?",
          "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
          "confidence": 0.7,
          "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 20,
          "from": 16,
          "beatId": "1b56c984-02d1-4ace-9c7e-88c5f413a822",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Problem & Complication",
          "beatSlug": "consultants-gambit-problem-complication",
          "evidence": "The presentation discusses challenges faced by portfolio companies, such as Mondelez's high G&A and Valeant's decline",
          "position": 1,
          "confidence": 0.8,
          "parentBeatName": "Complication",
          "parentBeatSlug": "complication"
        },
        {
          "to": 25,
          "from": 18,
          "beatId": "693c829c-9893-4b47-8718-b69e36a0f5a6",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Evidence & Proof",
          "beatSlug": "consultants-gambit-evidence-proof",
          "evidence": "The presentation provides data and examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Evidence",
          "parentBeatSlug": "evidence"
        },
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 21,
      "slideType": "before_after",
      "function": "quantify_opportunity",
      "notes": "The chart uses a waterfall-like progression to show margin expansion potential.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/21",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-21",
      "loopMatches": [
        {
          "to": 21,
          "from": 16,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "fc0ae90d-32bd-44e4-b803-74cfbeed0ee4",
          "evidence": "The presentation highlights the potential benefits of implementing 3G's ZBB approach at Mondelez",
          "position": 0,
          "objective": "What are the consequences of not taking action to improve profitability?",
          "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"
        },
        {
          "to": 25,
          "from": 18,
          "name": "Before After",
          "slug": "21-before-after",
          "bestFor": "Product demos, process improvements, ROI justification",
          "matchId": "97c2c704-495e-4d46-9b3d-260b0012b18e",
          "evidence": "The presentation provides examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 1,
          "objective": "How can we improve the profitability of portfolio companies?",
          "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
          "confidence": 0.7,
          "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 25,
          "from": 18,
          "beatId": "693c829c-9893-4b47-8718-b69e36a0f5a6",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Evidence & Proof",
          "beatSlug": "consultants-gambit-evidence-proof",
          "evidence": "The presentation provides data and examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Evidence",
          "parentBeatSlug": "evidence"
        },
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 22,
      "slideType": "before_after",
      "function": "analyze_data",
      "notes": "The chart highlights the correlation between activist intervention/company announcements and stock price movement.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/22",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-22",
      "loopMatches": [
        {
          "to": 25,
          "from": 18,
          "name": "Before After",
          "slug": "21-before-after",
          "bestFor": "Product demos, process improvements, ROI justification",
          "matchId": "97c2c704-495e-4d46-9b3d-260b0012b18e",
          "evidence": "The presentation provides examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 1,
          "objective": "How can we improve the profitability of portfolio companies?",
          "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
          "confidence": 0.7,
          "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 25,
          "from": 18,
          "beatId": "693c829c-9893-4b47-8718-b69e36a0f5a6",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Evidence & Proof",
          "beatSlug": "consultants-gambit-evidence-proof",
          "evidence": "The presentation provides data and examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Evidence",
          "parentBeatSlug": "evidence"
        },
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 23,
      "slideType": "cover",
      "function": "front_matter",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/23",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-23",
      "loopMatches": [
        {
          "to": 25,
          "from": 18,
          "name": "Before After",
          "slug": "21-before-after",
          "bestFor": "Product demos, process improvements, ROI justification",
          "matchId": "97c2c704-495e-4d46-9b3d-260b0012b18e",
          "evidence": "The presentation provides examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 1,
          "objective": "How can we improve the profitability of portfolio companies?",
          "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
          "confidence": 0.7,
          "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 25,
          "from": 18,
          "beatId": "693c829c-9893-4b47-8718-b69e36a0f5a6",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Evidence & Proof",
          "beatSlug": "consultants-gambit-evidence-proof",
          "evidence": "The presentation provides data and examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Evidence",
          "parentBeatSlug": "evidence"
        },
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 24,
      "slideType": "key_takeaways",
      "function": "summarize",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/24",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-24",
      "loopMatches": [
        {
          "to": 25,
          "from": 18,
          "name": "Before After",
          "slug": "21-before-after",
          "bestFor": "Product demos, process improvements, ROI justification",
          "matchId": "97c2c704-495e-4d46-9b3d-260b0012b18e",
          "evidence": "The presentation provides examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 1,
          "objective": "How can we improve the profitability of portfolio companies?",
          "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
          "confidence": 0.7,
          "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 25,
          "from": 18,
          "beatId": "693c829c-9893-4b47-8718-b69e36a0f5a6",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Evidence & Proof",
          "beatSlug": "consultants-gambit-evidence-proof",
          "evidence": "The presentation provides data and examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Evidence",
          "parentBeatSlug": "evidence"
        },
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 25,
      "slideType": "thesis_headline",
      "function": "summarize",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/25",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-25",
      "loopMatches": [
        {
          "to": 25,
          "from": 18,
          "name": "Before After",
          "slug": "21-before-after",
          "bestFor": "Product demos, process improvements, ROI justification",
          "matchId": "97c2c704-495e-4d46-9b3d-260b0012b18e",
          "evidence": "The presentation provides examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 1,
          "objective": "How can we improve the profitability of portfolio companies?",
          "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
          "confidence": 0.7,
          "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 25,
          "from": 18,
          "beatId": "693c829c-9893-4b47-8718-b69e36a0f5a6",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Evidence & Proof",
          "beatSlug": "consultants-gambit-evidence-proof",
          "evidence": "The presentation provides data and examples of successful investments, such as Heinz's expanded global gross margins",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Evidence",
          "parentBeatSlug": "evidence"
        },
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 26,
      "slideType": "before_after",
      "function": "illustrate_case",
      "notes": "The slide highlights the correlation between activist intervention (Pershing Square) and stock price appreciation.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/26",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-26",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 27,
      "slideType": "cover",
      "function": "front_matter",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/27",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-27",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 28,
      "slideType": "key_messages",
      "function": "establish_context",
      "notes": "Slide 27 of an activist deck.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/28",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-28",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 29,
      "slideType": "key_takeaways",
      "function": "summarize",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/29",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-29",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 30,
      "slideType": "propose_solution",
      "function": "present_solution",
      "notes": "The slide outlines specific levers for cost reduction and provides early evidence of success in Q4 2015.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/30",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-30",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 30,
          "from": 20,
          "beatId": "348fa568-7f41-4fd3-acf8-83609670fa56",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The presentation discusses potential solutions, such as implementing 3G's ZBB approach at Mondelez",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 31,
      "slideType": "kpi_overview",
      "function": "analyze_data",
      "notes": "The slide uses a simple list-based structure to compare historical results against forward-looking guidance.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/31",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-31",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 32,
      "slideType": "before_after",
      "function": "illustrate_case",
      "notes": "The slide highlights the correlation between activist involvement (Pershing Square) and stock price appreciation.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/32",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-32",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 33,
      "slideType": "cover",
      "function": "front_matter",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/33",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-33",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 34,
      "slideType": "key_messages",
      "function": "summarize",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/34",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-34",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 35,
      "slideType": "key_takeaways",
      "function": "summarize",
      "notes": "The slide uses a mix of checkmarks for positive performance and an 'x' for the negative FX impact.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/35",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-35",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 36,
      "slideType": "before_after",
      "function": "analyze_data",
      "notes": "The chart uses a dashed line to indicate the average cost basis of $16.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/36",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-36",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 37,
      "slideType": "section_divider",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/37",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-37",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 38,
      "slideType": "key_takeaways",
      "function": "summarize",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/38",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-38",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 39,
      "slideType": "thesis_headline",
      "function": "summarize",
      "notes": "OR = Operating Ratio; f/x = foreign exchange; bps = basis points; NS = Norfolk Southern.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/39",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-39",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 40,
      "slideType": "before_after",
      "function": "illustrate_case",
      "notes": "The slide uses a timeline-annotated line chart to correlate corporate milestones and activist actions with stock price appreciation.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/40",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-40",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 41,
      "slideType": "cover",
      "function": "front_matter",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/41",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-41",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 42,
      "slideType": "executive_summary",
      "function": "establish_context",
      "notes": "The slide serves as a company profile and thesis summary for an activist investor deck.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/42",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-42",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 43,
      "slideType": "key_messages",
      "function": "summarize",
      "notes": "The slide uses a two-part structure: positive business developments followed by a preemptive rebuttal regarding market concerns.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/43",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-43",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 44,
      "slideType": "other",
      "function": "analyze_data",
      "notes": "The chart highlights the starting price of $37 and the ending price of $103.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/44",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-44",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 45,
      "slideType": "section_divider",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/45",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-45",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 46,
      "slideType": "executive_summary",
      "function": "establish_context",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/46",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-46",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 47,
      "slideType": "timeline",
      "function": "establish_context",
      "notes": "The slide uses a line chart with callout boxes to correlate specific news events with stock price volatility.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/47",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-47",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 48,
      "slideType": "transition",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/48",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-48",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 49,
      "slideType": "timeline",
      "function": "summarize",
      "notes": "The slide uses a bulleted list format to track events chronologically, effectively serving as a timeline.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/49",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-49",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 50,
      "slideType": "nominee_bio",
      "function": "introduce_nominees",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/50",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-50",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 51,
      "slideType": "before_after",
      "function": "diagnose_problem",
      "notes": "The slide highlights the massive value destruction of the investment.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/51",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-51",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 52,
      "slideType": "cover",
      "function": "front_matter",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/52",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-52",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 53,
      "slideType": "problem_statement",
      "function": "diagnose_problem",
      "notes": "The slide highlights EBITDA decline, FX headwinds, leadership turnover, guidance cuts, and high leverage.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/53",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-53",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 54,
      "slideType": "key_messages",
      "function": "summarize",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/54",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-54",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 55,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide highlights the poor performance of the stock relative to the initial investment price of $10.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/55",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-55",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 56,
      "slideType": "cover",
      "function": "front_matter",
      "notes": "The slide consists of a grey horizontal bar containing the logos of the two government-sponsored enterprises.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/56",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-56",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 57,
      "slideType": "key_takeaways",
      "function": "summarize",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/57",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-57",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 58,
      "slideType": "before_after",
      "function": "analyze_data",
      "notes": "The chart includes dashed horizontal lines indicating average cost levels for both stocks.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/58",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-58",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 59,
      "slideType": "cover",
      "function": "front_matter",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/59",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-59",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 60,
      "slideType": "key_takeaways",
      "function": "summarize",
      "notes": "Slide 59 of an activist investor deck.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/60",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-60",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 61,
      "slideType": "before_after",
      "function": "diagnose_problem",
      "notes": "The chart highlights the decline from the $10.50 entry point to the $8.28 price as of April 2016.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/61",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-61",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 62,
      "slideType": "section_divider",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/62",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-62",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 63,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses a combination of direct quotes, financial data, and regulatory/political pressure to build the case.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/63",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-63",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 64,
      "slideType": "preempt_rebuttal",
      "function": "preempt_rebuttal",
      "notes": "This is an activist short-seller slide (Pershing Square) framing regulatory risk as a catalyst for the company's collapse.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/64",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-64",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 65,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses footnotes to provide context for financial claims.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/65",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-65",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 66,
      "slideType": "problem_statement",
      "function": "diagnose_problem",
      "notes": "The slide uses a dual-axis combo chart (bar + line) to illustrate the correlation between absolute member counts and YoY growth rates.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/66",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-66",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 67,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a 'pyramid' metaphor to describe the business model and explicitly labels a company statement as 'false'.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/67",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-67",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 68,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/68",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-68",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 69,
      "slideType": "before_after",
      "function": "analyze_data",
      "notes": "The slide highlights a divergence between operational performance and valuation multiples.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/69",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-69",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 70,
      "slideType": "before_after",
      "function": "analyze_data",
      "notes": "The slide uses a dashed line to indicate the average cost basis of $47 against the current price of $58.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/70",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-70",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 71,
      "slideType": "section_divider",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/71",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-71",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 82,
          "from": 71,
          "beatId": "50ca04ff-3ff9-42fc-918a-7d8d9ef2db99",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The presentation concludes with an update on PSH and a Q&A section",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 72,
      "slideType": "appendix_data",
      "function": "summarize",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/72",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-72",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 82,
          "from": 71,
          "beatId": "50ca04ff-3ff9-42fc-918a-7d8d9ef2db99",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The presentation concludes with an update on PSH and a Q&A section",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 73,
      "slideType": "kpi_overview",
      "function": "analyze_data",
      "notes": "The slide defines permanent capital as the sum of GP and Affiliates, Deferred Incentive Fees, PSH NAV, and PSH Bond.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/73",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-73",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 82,
          "from": 71,
          "beatId": "50ca04ff-3ff9-42fc-918a-7d8d9ef2db99",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The presentation concludes with an update on PSH and a Q&A section",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 74,
      "slideType": "valuation_table",
      "function": "analyze_data",
      "notes": "The slide provides a snapshot of the valuation gap between the fund's NAV and its market trading price.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/74",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-74",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 82,
          "from": 71,
          "beatId": "50ca04ff-3ff9-42fc-918a-7d8d9ef2db99",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The presentation concludes with an update on PSH and a Q&A section",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 75,
      "slideType": "valuation_table",
      "function": "diagnose_problem",
      "notes": "The slide uses a dual-line chart to visualize the valuation gap.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/75",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-75",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 82,
          "from": 71,
          "beatId": "50ca04ff-3ff9-42fc-918a-7d8d9ef2db99",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The presentation concludes with an update on PSH and a Q&A section",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 76,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "The chart highlights a significant disparity between broker-traded and exchange-traded volumes.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/76",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-76",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 82,
          "from": 71,
          "beatId": "50ca04ff-3ff9-42fc-918a-7d8d9ef2db99",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The presentation concludes with an update on PSH and a Q&A section",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 77,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "The slide highlights that broker trading volume is 2.3x exchange traded volume.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/77",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-77",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 82,
          "from": 71,
          "beatId": "50ca04ff-3ff9-42fc-918a-7d8d9ef2db99",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The presentation concludes with an update on PSH and a Q&A section",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 78,
      "slideType": "section_divider",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/78",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-78",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 82,
          "from": 71,
          "beatId": "50ca04ff-3ff9-42fc-918a-7d8d9ef2db99",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The presentation concludes with an update on PSH and a Q&A section",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-c1ba6b225076",
      "docSlug": "03a523e87675",
      "documentTitle": "Multiple (portfolio-level LP update: MDLZ, APD, ZTS, QSR, CP, HHC, VRX, PAH, NOMD, HLF short)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2016-04-26 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 79,
      "slideType": "other",
      "function": "other",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-c1ba6b225076/79",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-c1ba6b225076#slide-79",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 82,
          "from": 71,
          "beatId": "50ca04ff-3ff9-42fc-918a-7d8d9ef2db99",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The presentation concludes with an update on PSH and a Q&A section",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    }
  ]
}