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  "documentTitle": "Target Corporation (TGT)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
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  "presentationDate": "2008-10-29 00:00:00",
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      "text": "Step 1: The existing company (\"Target Corp\") forms a new subsidiary (\"TIP REIT\") and transfers to it the Facilities Management Services business, the owned land under the stores, and the owned land under the distribution facilities",
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      "text": "Step 2: TIP REIT leases the land back to Target Corp through a Master Lease for a 75-year term",
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      "kind": "title",
      "text": "Transaction Plan: How Would it Happen?",
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