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  "documentTitle": "Target Corporation (TGT)",
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  "authorName": "William Ackman",
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      "text": "Pro forma for the Transaction, Target Corp's long-term EPS growth rate would be at the top of its peer group",
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      "text": "(1) Represents 2009-2013 EPS CAGR (2) Assumes additional future share buyback at a constant forward P/E of 16.0x (3) Assumes sale of credit card business for $4.4bn on 1/1/09 and uses proceeds to pay down debt (4) Excludes Target Source: FactSet and Company filings for Retailers, excluding Target",
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      "text": "Increases Target Corp's EPS Growth Rate (cont'd)",
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