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  "documentTitle": "Globant SA (GLOB)",
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  "presentationDate": "2018-04-04 00:00:00",
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      "text": "WPP's financial results are under pressure\nIt's company structure has been described as \"complicated\"\nIts CEO is being investigated for misuse of company assets and allegations of improper behavior\nSpruce Point believes that WPP's large ownership stake in Globant could be a major overhang on the share price. Mr Sorrell is a member of Globant's Board of Advisors, and WPP represents $6m+ of related-party revenue for Globant",
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      "text": "ownership percentage: 19.18%",
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      "text": "WPP Is Looking at CEO Martin Sorrell's Possible Misuse of Assets and Allegations of Improper Behavior Questions come as advertising giant is facing cost-cutting pressures from clients and stepped-up competition from Google, Facebook",
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      "text": "\"WPP Is Looking at CEO Martin Sorrell's Possible Misuse of Assets and Allegations of Improper Behavior Questions come as advertising giant is facing cost-cutting pressures from clients and stepped-up competition from Google, Facebook\" — Wall St. Journal, 4/3/18",
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      "text": "Source: Globant website",
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      "text": "Source: Globant 2016 20-F",
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      "text": "Shareholder, Shares Owned, % Ownership, WPP Luxembourg Gamma Three S.a.r.l., 6,687,548, 19.18%, Capital World Investors, 3,778,613, 10.84%, GIC Private Limited, 2,514,950, 7.21%, BlackRock, Inc., 1,800,418, 5.16%, JPMorgan Chase & Co., 2,200,137, 6.31%, Entities affiliated with Morgan Stanley, 1,751,560, 5.02%",
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      "text": "Globant Connection To WPP And Sir Martin Sorrell",
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