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  "authorName": "David Einhorn",
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  "notes": "The table compares five scenarios: Special Dividend, One-Time Repurchase, On-Going Repurchases, Double the Dividend, and iPrefs.",
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      "text": "At $600 of total value, iPrefs unlock $61 per share more than the second best alternative.",
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      "text": "Total Value: $600",
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      "text": "Let's compare iPrefs to the conventional alternatives for the purpose of calculating unlocked value. The range of outcomes is pretty wide. We can see most of the numbers fall in the low 500s of total value. At $600 of total value, iPrefs unlock $61 per share more than the second best alternative.",
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