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  "documentTitle": "Pershing Square | Activist Presentation Deck | 31 slides",
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  "authorName": "Pershing Square",
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  "presentationDate": "2008-05-01 00:00:00",
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  "nDataPoints": 12,
  "notes": "Includes arrows pointing to EBITDA and Multiple rows.",
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      "kind": "callout",
      "text": "Based on the P&L assumptions below and a valuation multiple of 10.5x EBITDA, Wendy's Franchise business alone is worth over $2.3bn",
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