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  "documentTitle": "Mall REIT sector (long General Growth Properties) (GGP)",
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  "authorName": "William Ackman",
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  "presentationDate": "2010-05-26 00:00:00",
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  "notes": "The slide presents a standard capital structure bridge to arrive at Enterprise Value.",
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      "text": "GGO will have a strong balance sheet. 100% of GGO's debt is property level and non-recourse. $250mm of balance sheet cash ensures GGO has ample liquidity to fund value creation opportunities",
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      "text": "Price: 5.00, Shares: 400, Equity Value: 2,000, Debt: 506, Liabilities: -, Cash: (250), Net Debt: 256, Enterprise Value: 2,256",
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