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      "text": "In our view, the Fox acquisition highlights the Board's poor oversight on capital allocation and concerning alignment issues",
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      "text": "Note: See pages 58-60 for supporting analysis. Target and Max compensation levels are derived from the original compensation package awarded to Mr. Iger in December 2017 at the time that the Fox acquisition was announced.",
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      "text": "The $71 Billion Fox Acquisition Resulted From a Board Failure on Multiple Fronts",
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