{
  "docId": "019de06f-47a7-73ab-976e-8fa8d1d23374",
  "docSlug": "bf01386f09de8fd439d9578440d2f1c3",
  "documentTitle": "Evercore | Investment Banking Pitch Book | 37 slides",
  "authorId": "evercore",
  "authorName": "Evercore",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2012-12-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.469013,
  "pageNumber": 5,
  "pageCount": 37,
  "prevPage": 4,
  "nextPage": 6,
  "slideType": "data_table",
  "function": "summarize",
  "density": "balanced",
  "nDataPoints": 6,
  "notes": "The slide details specific financial and legal terms of a transaction between McMoRan and Freeport.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-47a7-73ab-976e-8fa8d1d23374/5",
  "deckHref": "/decks/019de06f-47a7-73ab-976e-8fa8d1d23374",
  "deckJsonHref": "/decks/019de06f-47a7-73ab-976e-8fa8d1d23374.json",
  "deckAnchorHref": "/decks/019de06f-47a7-73ab-976e-8fa8d1d23374#slide-5",
  "components": [
    {
      "bbox": {
        "h": 0.03,
        "w": 0.7,
        "x": 0.05,
        "y": 0.89
      },
      "kind": "disclaimer",
      "text": "(1) Assumes an implied offer value of $16.90 per share and a closing date of December 31, 2012 for purposes of calculating the applicable make-whole",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a9a20a11-f2a9-489d-8202-b50a23314fd0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.75,
        "w": 0.9,
        "x": 0.05,
        "y": 0.11
      },
      "kind": "table",
      "text": "Valuation/Consideration, Transaction Structure, Financing, Key Conditions to Closing, No Shop/Fiduciary Out, Termination Fees, Timing, Related Party Transaction",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b1fdc198-13b2-4205-ad0c-a361f6ab120b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.05,
        "y": 0.06
      },
      "kind": "title",
      "text": "Summary of Selected Proposed Merger Agreement Terms",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d380d3e1-91f3-465a-8464-7fa1d8d20317",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "MECE Principle",
      "slug": "mece-principle",
      "agent": "Architect",
      "layer": "block",
      "matchId": "019deab3-cff5-74d0-bafb-dc2958a207d7",
      "evidence": "Term categories partitioned: structure, financing, conditions, fees.",
      "confidence": 78
    },
    {
      "name": "Chunking",
      "slug": "chunking",
      "agent": "Architect",
      "layer": "loop",
      "matchId": "019deab3-d020-70b3-acfd-3d1be4b5a7f1",
      "evidence": "Terms grouped into labelled blocks for scanning.",
      "confidence": 70
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 7,
      "from": 1,
      "beatId": "019deab3-cc3e-7173-a28f-534822dad11e",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Situation & Context",
      "beatSlug": null,
      "evidence": "Cover, TOC, transaction terms and scope of assignment (p.4).",
      "position": 1,
      "confidence": 88,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 7,
      "from": 4,
      "beatId": "019deab3-cd14-75de-8c05-a08ea5c4685d",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Facts (What)",
      "beatSlug": null,
      "evidence": "Merger consideration and term tables.",
      "position": 1,
      "confidence": 55,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 7,
      "from": 4,
      "name": "Build Up",
      "slug": "33-build-up",
      "bestFor": "Pricing justification, cost estimation, market sizing",
      "matchId": "019deab3-cd96-7258-86a3-f58d9ff48a18",
      "evidence": "Cash plus ORRI trust units stacked into total consideration; terms then process disclosed.",
      "position": 1,
      "objective": "Build up the merger consideration and frame the fairness question",
      "structure": "The Base -> Add Component A -> Add Component B -> Add Component C -> The Total",
      "confidence": 78,
      "description": "Start from zero and add components to arrive at a total"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}