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  "documentTitle": "Moelis & Company | Investment Banking Pitch Book | 29 slides",
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  "authorName": "Moelis & Company",
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      "text": "Given the considerations specific to Napa and Orlando, heightened scrutiny may apply. Cross Ownership: E's own ~46% of Napa and ~27% of Orlando. Current Operating Relationships: While limited, Orlando provides services and has financed Napa's operations. Respective Valuations: Companies trade off of different valuation metrics and have different financial profiles.",
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      "text": "In any Napa change of control transaction, Napa's directors will be subject to greater scrutiny of adherence to their fiduciary duties. Potential shareholder litigation claiming breaches of fiduciary duties by Napa's directors may result in liabilities directly or indirectly borne by an acquirer, including potential accusations of aiding and abetting by that acquirer.",
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      "text": "Moelis & Company Will Add Value To The Special Committee By Proactively Navigating Considerations Around Napa",
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