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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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  "notes": "Uses a 'before-after' framing technique to suggest Wendy's is at a similar inflection point as McDonald's was in 2002.",
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      "text": "(1) Assumes Wendy's standalone “unfixed” 2008E EBITDA.",
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      "text": "Comparison of McDonald's 2002-2003 vs Wendy's Today across System Problems, System Strengths, and financial metrics.",
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      "text": "McDonald's Reminds Us Of Another Situation...",
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