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  "documentTitle": "Houlihan Lokey | Investment Banking Pitch Book | 40 slides",
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  "authorName": "Houlihan Lokey",
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  "notes": "1. As directed and approved by Special Committee",
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      "text": "Confidential - Preliminary Draft - Subject to Further Review",
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      "text": "At the request of the Special Committee, Houlihan Lokey began soliciting third party interest on July 21, 2016\nThe Special Committee authorized Houlihan Lokey to contact 25 potential bidders (13 strategic, 12 financial)\nHoulihan Lokey contacted and/or distributed invitation/process letters to all the approved strategic and financial bidders\nOf the 25 potential bidders Houlihan Lokey contacted, no party indicated preliminary interest or entered into a confidentiality agreement; 8 parties were not responsive and 17 parties declined",
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      "text": "The following is a summary of the market check process that ended on August 24, 2016",
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      "text": "Status | Strategic Bidders | Financial Bidders | Total\nContacted | 13 | 12 | 25\nIndicated Interest | 0 | 0 | 0\nNon-Responsive | 5 | 3 | 8\nDeclined | 8 | 9 | 17",
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