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  "documentTitle": "Third Point Management | Activist Presentation Deck | 30 slides",
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  "notes": "This slide serves as a foundational narrative for an activist campaign, establishing the 'why' behind the proxy contest.",
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      "text": "What is Third Point suggesting specifically? Three directors to reinvigorate the Board, citing board size and past success at Yahoo!.",
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      "text": "Why should Third Point's nominees be elected? Opposing nominees have limited ownership/value; Shareholder Slate has ~10% ownership and specific expertise.",
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      "text": "How did we get here? Third Point owns ~9.6% of Sotheby's and seeks leadership change. Meetings occurred Aug 2013-Feb 2014. A single board seat was deemed insufficient.",
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