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  "documentTitle": "SpringOwl | Activist Presentation Deck | 99 slides",
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  "authorName": "SpringOwl",
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  "presentationDate": "2015-12-01 00:00:00",
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      "text": "Note: 1 – Selling Yahoo Core now at the lows for $6B\n2 – 8x EV/EBITDA Multiple for Core Doing $3B EBITDA ($750M Normalized EBITDA plus $2.25B in Headcount Reductions\n3 – Through working with a Liberty-like partner to realize tax efficiencies with BABA returning to $120/share and YJ increasing in value by 12%\n4 – Retiring 228 million shares at $43/share from $4B cash, $1.8B in real estate sales, and $4B in debt",
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      "text": "Source: SpringOwl Asset Management LLC",
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      "kind": "title",
      "text": "Starboard's Plan Sells Yahoo At The Lows; Our Plan Unlocks Meaningful Upside for Shareholders",
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