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  "documentTitle": "Credit Suisse | Investment Banking Pitch Book | 37 slides",
  "authorId": "credit-suisse",
  "authorName": "Credit Suisse First Boston",
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  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2005-03-01 00:00:00",
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  "pageCount": 37,
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  "density": "balanced",
  "nDataPoints": 6,
  "notes": "The slide outlines a timeline of M&A negotiations between May 2004 and January 2005.",
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      "kind": "disclaimer",
      "text": "(1) Closing Solar share price on November 18, 2004 was $26.57\n(2) On December 3, 2004, Saturn and Solar entered into a confidentiality agreement.",
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      "text": "In May 2004, CSFB was engaged by Solar as its financial advisor in connection with the proposed spin-off of its availability services business (\"Allen\"). The spin-off transaction was publicly announced on October 1, 2004 and is scheduled to close in the 2nd quarter of 2005\nOn November 19, 2004, Saturn expressed an interest to acquire Solar for a 20% premium to Solar's closing stock price ($31.88 per Solar share) (1)\nSolar's Board of Directors discussed Saturn's proposal; Solar's Board determined that Saturn's offer was not attractive and insufficient for Solar to not proceed with the spin-off of Allen\nOn November 30, 2004, Saturn offered to acquire Solar for $33.00 - $35.00 per Solar share\nOn December 2, 2004, Solar's Board discussed the second Saturn offer; the Board subsequently authorized Solar management and CSFB to meet with Saturn to understand its proposal and provide preliminary information to Saturn regarding Solar. CSFB and Solar management met with Saturn on December 6, 2004 (2)\nOn December 14, 2004, Solar's Board of Directors discussed Saturn's proposal; the Board subsequently authorized Saturn to conduct due diligence so long as Saturn was prepared to proceed on the basis of $35.00 per share or greater\nFollowing the Board meeting, Saturn confirmed that it understood the Board's position and that it was prepared to proceed on that basis\nOn January 5 - 6, 13 - 14, and 18, 2005, Saturn performed preliminary financial and technology due diligence on Solar",
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      "kind": "title",
      "text": "Situation Overview",
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