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  "documentTitle": "McDonald's Corporation (MCD)",
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  "authorName": "William Ackman",
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  "notes": "Part of Pershing Square's activist proposal for McDonald's.",
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      "text": "Assuming PF McDonald’s owns the land and building of 37% of its system wide units and owns the buildings of 22% of its system wide units, then a preliminary valuation of McDonald’s real estate suggests a value of $33 billion.",
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      "text": "Total Real Estate Collateral Value: $46,428",
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