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  "documentTitle": "Parkland Corporation (PKI)",
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  "notes": "Includes a specific valuation target of $45 per share.",
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      "text": "Asserts Parkland Could Be Worth $45 Per Share if the Board Follows Engine’s Value-Enhancing Recommendations",
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      "text": "NEW YORK--(BUSINESS WIRE)--Engine Capital LP, which owns approximately 2.0% of Parkland Corporation's (TSX: PKI) (\"Parkland\" or the \"Company\") outstanding shares, today announced that it has sent the below letter to members of the Company's Board of Directors.",
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      "text": "Dear Members of the Board of Directors (the \"Board\"): Engine Capital LP... is a meaningful shareholder... We have followed Parkland closely... Unfortunately, Parkland has been unable to translate its advantaged strategic position into adequate returns.",
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      "text": "1 Total shareholders returns calculated as of the close of March 17, 2023. Convenience retailer peers consist of ATD, CASY and MUSA. Refinery peers consist of MPC, PSX, VLO, DINO, DK, PBF, CVI, PARR and CLMT.",
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      "kind": "title",
      "text": "Calls on the Board to Initiate a Strategic Alternatives Process, Including Evaluating a Sale or a Tax-Free Spinoff of Non-Core Assets to Become a More Focused Fuel and Convenience Retailer",
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