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  "documentTitle": "Starboard Value | Activist Presentation Deck | 96 slides",
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  "authorName": "Starboard Value",
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  "presentationDate": "2012-05-01 00:00:00",
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      "kind": "list",
      "text": "Real Estate: AOL leases approximately 50 facilities around the world. In addition, the Company owns a large corporate campus consisting of over 840,000 square feet and land in Dulles, Virginia. Analyze whether real estate locations can be consolidated and excess real estate can be sold.",
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      "text": "Intellectual Property: Following the sale of over 800 of its patents to Microsoft, AOL continues to own a significant portfolio of over 300 patents and patent applications. We believe some of these patents may hold considerable value. Analyze alternatives to license/monetize the remaining patent portfolio.",
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      "kind": "list",
      "text": "Capital Structure Efficiencies: Determine optimal capital structure to maximize value for shareholders.",
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      "text": "Examples include, but are not limited to:",
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      "kind": "source-note",
      "text": "(1) AOL press release dated April 9, 2012. (2) Form 10-K filed on February 24, 2012.",
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      "text": "Evaluate other opportunities for value creation",
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