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  "documentTitle": "Target Corporation (TGT)",
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  "authorName": "William Ackman",
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      "text": "The risk of the status quo is that Target may lose access to capital and not be able take advantage of the current environment",
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      "text": "TIP REIT will have strong access to the debt and equity capital markets, far better than any retailer\nTIP REIT will be able to issue OP units for tax-efficient land acquisitions",
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      "text": "Given potential retailer bankruptcies, Target can use the liquidity provided by TIP REIT to acquire real estate that might be for sale at substantial discounts in the next 12-18 months",
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