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  "docSlug": "852eb8103109",
  "documentTitle": "Time Warner Inc. (TWX)",
  "authorId": "14_Icahn",
  "authorName": "Lazard",
  "documentKindSlug": "activist-deck",
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  "presentationDate": "2006-02-01 00:00:00",
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  "notes": "Contains historical credit spread data for Cablevision and leverage/operational metrics for Charter Communications.",
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      "text": "Exhibit 3.48: CABLEVISION - CREDIT SPREAD TO US TREASURIES",
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      "text": "credit spread: 300-370bps",
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      "text": "Charter Communications (\"CHTR\"): CHTR's current leverage is 9.9x total debt/2005E EBITDA. CHTR reported $19.1 billion of debt and $22 million of cash on its balance sheet as of September 30, 2005.",
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      "text": "CHTR's subsidiaries CCH II and CCO Holdings are leveraged at approximately 5.4x and 4.4x total debt/2005E EBITDA, respectively.",
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      "text": "On October 25, 2005 Moody's reported that all ratings for CVC and CSC Holdings would remain on review for downgrade given the announcement of the $3 billion special dividend.",
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      "kind": "title",
      "text": "CHAPTER 3: FINANCIAL STRATEGY AND DEBT CAPACITY",
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