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  "docSlug": "886ebab3088d",
  "documentTitle": "Herbalife, Ltd. (HLF)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
  "documentKindSlug": "activist-deck",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2012-12-20 00:00:00",
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  "pageNumber": 68,
  "pageCount": 334,
  "prevPage": 67,
  "nextPage": 69,
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  "density": "balanced",
  "nDataPoints": 10,
  "notes": "The slide uses a visual hierarchy to explain the MLM commission structure.",
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  "components": [
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      "kind": "callout",
      "text": "Multiple levels of people above Maria receive commissions from Herbalife",
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      "kind": "diagram",
      "text": "$100 Retail Sale Example",
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      "kind": "paragraph",
      "text": "This means when Doran recruits Leslie who recruits John who recruits Sarah who recruits Mike who recruits Lisa who recruits Bob who recruits Pam who recruits Pedro who recruits Sam who recruits Mark who buys $75 of product from Herbalife: Multiple levels of people above Maria receive commissions from Herbalife",
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      "text": "Herbalife is a Multi-Level Marketer (\"MLM\")",
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      "arcName": "Overcoming the Monster",
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