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  "documentTitle": "Iron Mountain Incorporated (IRM)",
  "authorId": "02_Elliott_Management",
  "authorName": "Elliott",
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  "presentationDate": "2011-03-09 00:00:00",
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      "text": "Elliott believes a 100-200bps cut by consolidation of facilities and reduction in corporate overhead should be achievable as growth is deemphasized",
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      "text": "General and Administrative Costs (as % of Revenue)",
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      "text": "G&A costs have increased to over 15% of sales recently, from 13.6% earlier in 2002. Elliott believes a 100-200bps cut by consolidation of facilities and reduction in corporate overhead should be achievable as growth is deemphasized",
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      "text": "Source: Iron Mountain Inc. disclosures",
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      "text": "G&A Costs Have Risen And Leave Room For Significant Improvement",
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