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  "documentTitle": "Dell Technologies (Class V / DVMT tracking stock) (DVMT)",
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  "authorName": "Carl C. Icahn",
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  "presentationDate": "2018-11-15 00:00:00",
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  "notes": "The slide uses a line chart to visualize the widening gap between VMW owned shares value and DVMT market value over time.",
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      "text": "On February 2, 2018, Michael Dell and Silver Lake made their threats explicit by announcing a strategic review of the business, shamelessly adding to their press release \"we do this from a position of strength\" – a subtle but clear message to DVMT shareholders.",
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      "text": "On February 2, 2018, Michael Dell and Silver Lake made their threats explicit by announcing a strategic review of the business, shamelessly adding to their press release \"we do this from a position of strength\" – a subtle but clear message to DVMT shareholders. Even worse, Dell's CFO audaciously boasts about \"opportunistic opportunities in the market to take advantage of the discount between the two securities\" all at the expense of DVMT shareholders.",
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      "text": "For much of 2018, Dell has pursued a campaign of fear-mongering, pressuring DVMT's price by implying they will either (a)act upon the atrocious governance rights by IPO'ing Dell's Class C shares and forcing DVMT shares to convert, or (b)simply maintaining the status quo, indefinitely denying DVMT stockholders their true value.",
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      "text": "\"we do this from a position of strength\" — Michael Dell and Silver Lake (Press Release, Feb 2, 2018). \"opportunistic opportunities in the market to take advantage of the discount between the two securities\" — Dell CFO (Earnings Call, March 13, 2017).",
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      "text": "1. Dell Technologies' S-4/A filing dated October 19, 2018. 2. Dell Technologies' 8K press release dated February 2, 2018. Emphasis added. 3. Comments from Dell's CFO during Dell Technologies' earnings call on March 13, 2017. Emphasis added.",
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      "text": "Sowing Fear",
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