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  "documentTitle": "McDonald's Corporation (MCD)",
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  "authorName": "William Ackman",
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  "notes": "Part of section V: Developing a Response to the Company.",
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      "text": "McDonald's current “skin in the game” is overstated due to lack of transfer pricing",
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      "text": "Historical McDonald's\nSubway\nDunkin' Donuts\nTim Hortons",
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      "text": "We believe McOpCo represents ~10% of McDonald's total value",
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      "text": "Some believe this conflict is mitigated by owning and operating units",
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