{
  "docId": "019dd923-622c-750b-8b9c-40844c4c0320",
  "docSlug": "83df720ea087",
  "documentTitle": "Riverbed Technology, Inc. (RVBD)",
  "authorId": "02_Elliott_Management",
  "authorName": "Elliott",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2014-03-11 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.70665085,
  "pageNumber": 9,
  "pageCount": 14,
  "prevPage": 8,
  "nextPage": 10,
  "slideType": "preempt_rebuttal",
  "function": "preempt_rebuttal",
  "density": "dense",
  "nDataPoints": 2,
  "notes": "The slide uses a vertical arrow on the left to indicate that the listed analyst reports address Elliott's offer.",
  "elementsJson": [
    "headline_text",
    "subtitle_text",
    "data_table",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9c-40844c4c0320/9",
  "deckHref": "/decks/019dd923-622c-750b-8b9c-40844c4c0320",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9c-40844c4c0320.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9c-40844c4c0320#slide-9",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "The feedback from the analyst community clearly states the current strategic interest from Elliott is supporting Riverbed's current stock price.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-14d9-722b-8538-f329f486627c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.04,
        "x": 0.11,
        "y": 0.26
      },
      "kind": "legend",
      "text": "Addresses Elliott's offer of:",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a99e40c2-9849-42c1-aba1-7be38439c231",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "Elliott raised its bid to $21/share in cash...We continue to see this as a fair deal for investors considering the flat trajectory of the core WANOP business and unproven results in opportunities like Granite. — J.P. Morgan (Rod Hall, CFA)",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-14d9-722b-8538-f5bc9a4611d9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.15,
        "x": 0.16,
        "y": 0.62
      },
      "kind": "source-note",
      "text": "Source: Wall Street research",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e9226b89-ffbd-444a-a7b5-01e85bc803ac",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.7,
        "x": 0.16,
        "y": 0.16
      },
      "kind": "table",
      "text": "Summary of selected equity research including broker names, analyst names, dates, and commentary snippets.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cafe81a7-7fc0-4fdd-9647-c27cc0d0aa2b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.7,
        "x": 0.16,
        "y": 0.11
      },
      "kind": "title",
      "text": "The feedback from the analyst community clearly states the current strategic interest from Elliott is supporting Riverbed's current stock price. In addition, there is analyst support for pursuing a strategic dialogue with Elliott",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b7521873-9328-4de3-91ec-25484efe046e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.4,
        "x": 0.16,
        "y": 0.09
      },
      "kind": "title",
      "text": "Wall Street Analyst Observations",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "89db3454-4085-4d60-a252-dfd47752e99c",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "authority-citation",
      "slug": null,
      "matchId": "c2a3ae9f-5264-4edd-ab8f-a51f59be5155",
      "evidence": "Citing Wall Street analysts to validate the thesis that Elliott's involvement is supporting the stock price.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [
    {
      "to": 12,
      "from": 7,
      "name": "Benchmark Gap",
      "slug": "39-benchmark-gap",
      "bestFor": "Performance improvement, competitive analysis, target setting",
      "matchId": "7fa8dbd7-7f07-4a3f-bb02-77a0d949445d",
      "evidence": "The peer benchmark and select public companies slides show the comparison to peers.",
      "position": 1,
      "objective": "Is the current valuation in line with peer benchmarks?",
      "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
      "confidence": 0.7,
      "description": "Compare performance against best-in-class to quantify the opportunity"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}