{
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  "docSlug": "676d5321be62e8e246b7c8706b4bd48a",
  "documentTitle": "Bank of America | Investment Banking Pitch Book | 19 slides",
  "authorId": "bank-of-america",
  "authorName": "Bank of America Merrill Lynch",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2012-06-01 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 13,
  "pageCount": 19,
  "prevPage": 12,
  "nextPage": 14,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 12,
  "notes": "The chart compares KCP's valuation multiples (Research vs Mgmt) against a peer group of apparel and footwear companies.",
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  "imagePath": null,
  "slideHref": "/slides/019de06f-3ece-77cf-9ec0-b23b916c4236/13",
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  "deckAnchorHref": "/decks/019de06f-3ece-77cf-9ec0-b23b916c4236#slide-13",
  "components": [
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        "h": 0.6,
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      "kind": "chart",
      "text": "EV / 2012E EBITDA",
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      "kind": "disclaimer",
      "text": "Source: Kenneth Cole Productions management projections, public filings, FactSet, Capital IQ, Wall Street research consensus estimates as of June 4, 2012. Note: Selected public companies exclude Cherokee and Fifth & Pacific as Cherokee multiples are not publicly available and Fifth & Pacific multiples are not meaningful due to depressed levels of EBITDA. (1) KCP implied multiples based on unaffected closing share price of $13.07 on February 23, 2012, the last trading day prior to announcement that Kenneth Cole submitted an initial offer to acquire KCP for $15.00 per share, KCP EBITDA burdened for stock-based compensation and adjusted for one-time expenses and impairment charges.",
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      "kind": "legend",
      "text": "Apparel, Footwear & Accessories, Brand Management, KCP (Research), KCP (Mgmt.)",
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      },
      "kind": "title",
      "text": "Selected Public Companies",
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  "metrics": [],
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  "arcBeats": [
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      "beatId": "017cd235-d7ae-4f9e-af55-d9afd5affb58",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "Pages 11-15 provide financial data and analysis, suggesting a focus on financial performance.",
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      "confidence": 0.7,
      "parentBeatName": "Evidence",
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  "loops": [
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      "name": "Benchmark Gap",
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      "bestFor": "Performance improvement, competitive analysis, target setting",
      "matchId": "128c14fd-8362-4ce9-a21e-b70951f25132",
      "evidence": "The comparison table on page 14 and selected public companies on page 13 suggest a benchmark gap analysis.",
      "position": 0,
      "objective": "To highlight the company's performance relative to peers",
      "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
      "confidence": 0.6,
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      "name": "Cost Of Inaction",
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      "evidence": "The financial analysis and projections may imply costs of inaction, though not directly stated.",
      "position": 1,
      "objective": "To emphasize the importance of taking action",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
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