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  "documentTitle": "Premier, Inc. (PINC)",
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  "presentationDate": "2019-09-25 00:00:00",
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      "text": "Should all member owners receive market-rate sharebacks of 60-75%, Premier's FY22-23 EBITDA would be cut by more than half.",
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      "text": "Unique Pre-IPO Restructuring Skews Company Economics; Increased Shareback Could Be Highly Material; More Opt-Outs Likely To Follow; Complacent Sell-Side; Emerging Signs Hospitals Are Prepared To Exit; PINC Shares Valued As Though Current Economics Are Sustainable.",
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      "text": "Short PINC: Spruce Point Sees 55%-75% Downside To $8-$15 Per Share",
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