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  "documentTitle": "Mettler-Toledo International, Inc. (MTD)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-07-24 00:00:00",
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  "pageNumber": 115,
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  "notes": "Uses a combination of biographical background and SEC filing excerpts to build a case of self-serving behavior.",
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      "text": "Maybe its time for a little change at Mettler? Robert Spoerry has been Chairman for over since 1998. It’s time for some fresh outside eyes and thinking at the Company from someone who isn’t looking to squander corporate assets on share buybacks at rich multiples, so that he can sell stock at inflated values. He just announced his intention to sell 34% of his holdings in early 2019.",
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      "text": "It’s time for some fresh outside eyes and thinking at the Company from someone who isn’t looking to squander corporate assets on share buybacks at rich multiples, so that he can sell stock at inflated values.",
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      "text": "On November 8, 2018, the Company's Board of Directors authorized an additional $2.0 billion to the share repurchase program...",
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      "text": "Robert F. Spoerry is 63 years old and has been a director since October 1996. He has been Chairman of the Board of Directors of the company since May 1998...",
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      "text": "Robert Spoerry, non-Executive Chairman, who owns, directly or indirectly, 362,720 shares, has stated that in the context of estate planning, he intends to sell up to 125,000 shares.",
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      "text": "Entrenched Chairman Who Is Now Accelerating Sales",
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