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  "documentTitle": "Family Dollar Stores (FDO)",
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  "authorName": "William Ackman",
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  "presentationDate": "2011-05-25 00:00:00",
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  "notes": "The table highlights a specific range of entry/exit multiples yielding 15-23% IRR.",
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      "kind": "callout",
      "text": "A financial buyer could pay 40% to 55% above the current stock price and still earn a high teens to low 20s% rate of return over four years",
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      "text": "Returns assume a 10% terminal EBIT margin, $230 sales sqft in 2015, and $5bn of leverage (7x FY2011 EBITDAR) at 7.5%",
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