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  "documentTitle": "Health Management Associates (HMA)",
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  "authorName": "Larry Robbins",
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  "presentationDate": "2013-08-01 00:00:00",
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  "notes": "Uses a simple additive visual structure to show the components of the deal value.",
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      "kind": "callout",
      "text": "We believe the two variable sources of consideration (CYH stock and CVR payment) would be enhanced by the involvement and oversight of the Fresh Alternative Board and an engaged Alvarez & Marsal management team",
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      "text": "Fixed; Floating proportionally to Community's stock price; Floating proportionally to the expenses and cost to settle outstanding regulatory claims",
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      "text": "transaction value: $13.78",
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      "text": "Value of offer under sitting Board; Potential value of offer under Fresh Alternative",
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      "text": "1: $10.50 cash; 2: $3.28 CYH stock; 3: $0-$1.00 CVR; Total: $13.78 + CVR",
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      "kind": "title",
      "text": "The Community Proposal offers three sources of value:",
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