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  "documentTitle": "MultiPlan Corp (MPLN)",
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  "authorName": "Carson C. Block",
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  "sourceTypeLabel": "Short seller",
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  "notes": "Includes a quote from a former executive regarding the company's focus on cost-cutting over innovation.",
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      "text": "Sources: 2021E Forecast Revenue, Adjusted EBITDA, and Gross Debt: S&P Global Ratings... Interest Expense: MW Estimate...",
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      "text": "MPLN has passed through the hands of four private equity consortia over the past 14 years, and we believe that H&F have taken MPLN public via a SPAC because they have no better options for wringing juice out of the business.",
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      "text": "Their thinking wasn't, 'How do we innovate?'. It was, 'How do we continue to cut this to the bone so we can sell it for as much as possible?'",
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      "text": "Their thinking wasn’t, ‘How do we innovate?’. It was, ‘How do we continue to cut this to the bone so we can sell it for as much as possible?’... ‘How do we play the game of just having enough resources to keep the lights on?’ The hope was, there was going to be one more [flip].” — Former MPLN Executive A",
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