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  "documentTitle": "Perrigo Company plc (PRGO)",
  "authorId": "03_Starboard_Value",
  "authorName": "Jeffrey C. Smith",
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  "notes": "This slide is part of a larger document; it specifically analyzes the valuation gap between a standalone plan and an acquisition offer.",
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      "kind": "callout",
      "text": "Mylan's Offer Represents a Discount to Perrigo's Plan",
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      "text": "Source: Company Presentation – Creating Value for Shareholders: Now and For the Long Term (Oct. 2015)",
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      "text": "EPS: $9.83",
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      "text": "…I’d be surprised, as I said in the call, in a year, if Perrigo is not bigger, better and more valuable. — Joe Papa",
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      "text": "Comparison of implied share prices using 1, 3, and 5-year average NTM P/E multiples vs Mylan offer price.",
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      "kind": "title",
      "text": "Perrigo Provides a Premium to Mylan's Offer Without Integration Risk",
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