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  "documentTitle": "Time Warner Inc. (TWX)",
  "authorId": "14_Icahn",
  "authorName": "Lazard",
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  "presentationDate": "2006-02-01 00:00:00",
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  "notes": "This slide acts as a summary of key operational and financial metrics for TWC.",
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      "text": "TWC could potentially maintain its investment grade rating with a target leverage ratio of up to 4.75x debt/OIBDA; at 4.75x - 6.0x TWC would be likely rated Ba1/BB+ or lower",
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      "text": "Triple play penetration grew from 1% to 5%. RGU net additions doubled to 1.7 million. Advertising revenues comprise 6% of total revenues. Target leverage ratio up to 4.75x debt/OIBDA. TWC has industry leading operating metrics.",
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      "text": "debt/OIBDA: 4.75x",
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      "kind": "title",
      "text": "CHAPTER 3: FINANCIAL STRATEGY AND DEBT CAPACITY",
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