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  "documentTitle": "Perella Weinberg Partners | Investment Banking Pitch Book | 68 slides",
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  "authorName": "Perella Weinberg Partners",
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  "presentationDate": "2012-11-01 00:00:00",
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  "notes": "Includes transaction summary, sources and uses table, purchase price summary, and two sensitivity tables for returns.",
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      "text": "Acquisition at $42.65, at 41.6% premium to the stock price of $30.11 on 10/31/2012. Price representing the 20.0% IRR, midpoint of LBO valuation range. Total leverage of 5.0x LTM EBITDA (6.2x EBITDAR). Assumes management promote.",
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      "text": "Source: Management's Long Range Plan. Notes: Financial results for a stated year represent financials for the 12 month period ending January 31 of the following year. IRR valuation range as of October 231 2012. (1) Assuming 5.0x leverage (2) Assuming 5.5x exit multiple",
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      "text": "Sources and Uses table showing $1,093M total.",
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      "text": "LEVERAGED BUYOUT ANALYSIS",
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