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  "documentTitle": "Fortrea Holdings Inc. (FTRE)",
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  "presentationDate": "2023-10-01 00:00:00",
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  "notes": "The slide uses a 'before-after' framing to argue for the CEO's competence in improving profitability.",
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      "text": "IQVIA (fka Quintiles) Adjusted EBITDA Margins Under Tom Pike",
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      "text": "Source: Public company filings. (1) Margin shown as a percentage of total revenue (including Reimbursed Expenses). Reflects ASC 605 accounting rules. (2) LTM as of September 30, 2016, given Quintiles and IMS Health merger which closed on October 3, 2016.",
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