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  "documentTitle": "Amcor plc (pro forma Amcor-Berry Global combination) (AMCR)",
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  "authorName": "James Chadwick",
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  "notes": "The chart uses a waterfall structure to show how individual synergy categories (Procurement, G&A, Operational, Growth, Financial) sum up to a total of $650M.",
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      "text": "Source: Ancora, company filings. The projections generated by Ancora regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. All investments bear the risk of loss, including the loss of principal.",
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      "text": "Ancora Estimates Synergies Could Be Conservative Based on Amcor-Bemis Transaction Precedent",
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