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  "authorName": "William Ackman",
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      "text": "Target will maintain its 'A' category credit ratings at all times; Post spin-off of TIP REIT, Target Corp will maintain its 'A' category credit rating as a result of deleveraging; Borrowing costs will not be impacted by the Revised Transaction; The Revised Transaction offers several key credit benefits: Target's liquidity is significantly increased given IPO proceeds; Target's access to and cost of capital is improved by the formation of TIP REIT",
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