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  "documentTitle": "The Timken Company (TKR)",
  "authorId": "17_Relational_Investors",
  "authorName": "CalSTRS",
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  "presentationDate": "2013-03-01 00:00:00",
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      "text": "It is unfortunate that Timken finds it necessary to use a lower quality peer group to attempt to justify the Company's trading multiple",
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      "kind": "list",
      "text": "Our selection of peers is appropriate, fair, and balanced. SKF is the only other global maker of highly-engineered bearings and has a similar growth and margin profile, making it an ideal peer. Steel peer group consists of companies with high-quality assets.",
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      "text": "share price discount: 22%",
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      "text": "See slide 27 for additional information",
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      "text": "Timken: Wrong on Relational and CalSTRS' Use of Inappropriate Peers",
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      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
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