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  "documentTitle": "Church & Dwight Co., Inc. (CHD)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-09-05 00:00:00",
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  "notes": "The slide uses a red box to highlight the two most recent acquisitions as the primary focus of the critique.",
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      "text": "Spruce Point believes that 6 of 10 acquisitions should be categorized as failures.",
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      "text": "Among CHD's reported \"Power Brands\" all have been acquired since 2001 except for the back bone Arm & Hammer brand. Spruce Point believes that 6 of 10 acquisitions should be categorized as failures.",
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      "text": "Why Are Young People Having So Little Sex? — The Atlantic - Dec 2018",
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      "text": "Source: Recent CHD conference calls, SEC filings, and Spruce Point research. 1) Why Are Young People Having So Little Sex? – The Atlantic – Dec 2018",
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      "text": "Table comparing Brand/Category, Spruce Point Long-Term View, Commentary, and Acknowledged By Management.",
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      "text": "Like Most \"Power Brands\" Acquired In the Past, Expect CHD's Recent Deals To Fail...",
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