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  "documentTitle": "Parkland Corporation (PKI)",
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  "authorName": "Arnaud Ajdler",
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  "presentationDate": "2023-03-22 00:00:00",
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      "text": "Immediately start exploring all strategic alternatives for Parkland, including evaluating the sale or spinoff of non-core assets with the goal of becoming a more focused fuel and convenience retailer.",
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      "text": "Parkland RemainCo would be a higher growth pure play fuel and convenience retailer... Parkland SpinCo would be a lower growth company with the refinery and/or the distribution businesses.",
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      "text": "The long-term underperformance of Parkland compared to its pure play convenience retailer and refinery peers over every relevant time horizon should convince the Board that the status quo can no longer persist.",
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      "text": "The Board may want to consider Marathon Petroleum Corporation (NYSE: MPC) (\"Marathon\") as an interesting case study.",
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