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  "documentTitle": "E.I. du Pont de Nemours and Company (DuPont) (DD)",
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  "notes": "Uses historical performance data to validate the activist's proposed management strategy.",
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      "text": "As a result, investors effectively re-rated Rockwood by 48% to an 11x blended EBITDA multiple",
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      "text": "Source: Rockwood and DuPont SEC Filings, Press Releases, Bloomberg, Bank of America Research. (1)-(5) footnotes.",
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      "text": "Rockwood, a leading specialty chemicals company, generated best-in-class returns and EPS growth led by CEO Seifi Ghasemi and CFO Bob Zatta. Lean and decentralized structure: 37 people in corporate center and unallocated corporate costs of just $22m, <1% of sales. Track record of strong capital allocation and success with transformative M&A.",
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