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  "documentTitle": "Saputo Inc. (TSX:SAP)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2022-11-29 00:00:00",
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  "notes": "Uses a red-background table to emphasize the 'Reality Check' column, creating a strong visual contrast against the 'Current Perception' column.",
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      "text": "The market fails to account for Saputo’s U.K. Pension plan obligation, which is highly sensitive to inflation and assumes 2.9% inflation vs. 10.1% reality.",
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      "text": "Fair Value: $13.75 - $20.50",
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