{
  "docId": "019de06f-7963-761c-9ebf-890b4b4ae0ec",
  "docSlug": "29a15d64682d11a633c432b143340fcb",
  "documentTitle": "Lionsgate | Mergers and Acquisitions Presentation Deck | 15 slides",
  "authorId": "lionsgate",
  "authorName": "Lionsgate",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2016-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7744917,
  "pageNumber": 5,
  "pageCount": 15,
  "prevPage": 4,
  "nextPage": 6,
  "slideType": "other",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 8,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de06f-7963-761c-9ebf-890b4b4ae0ec/5",
  "deckHref": "/decks/019de06f-7963-761c-9ebf-890b4b4ae0ec",
  "deckJsonHref": "/decks/019de06f-7963-761c-9ebf-890b4b4ae0ec.json",
  "deckAnchorHref": "/decks/019de06f-7963-761c-9ebf-890b4b4ae0ec#slide-5",
  "components": [
    {
      "bbox": {
        "h": 0.15,
        "w": 0.18,
        "x": 0.03,
        "y": 0.145
      },
      "kind": "callout",
      "text": "STARZ TRANSACTION",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8c3c2597-8a33-4e96-9e70-4ffca816ac0c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.18,
        "x": 0.03,
        "y": 0.5
      },
      "kind": "callout",
      "text": "ACQUISITION FINANCING",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d7e118ea-ec5b-4288-9d23-137cb1e4f0aa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.74,
        "x": 0.23,
        "y": 0.15
      },
      "kind": "list",
      "text": "ON JUNE 30, 2016, LIONS GATE ENTERTAINMENT CORP. (\"LIONSGATE\") ANNOUNCED AN AGREEMENT UNDER WHICH LIONSGATE WILL ACQUIRE STARZ FOR A COMBINATION OF CASH AND STOCK REPRESENTING AN ENTERPRISE VALUE OF APPROXIMATELY $4.4BN FOR STARZ (THE \"ACQUISITION\" OR THE \"TRANSACTION\")",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "125c96e7-09f9-420a-9da6-cfa8773387e5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.74,
        "x": 0.23,
        "y": 0.5
      },
      "kind": "list",
      "text": "THE TRANSACTION IS TO BE FINANCED WITH APPROXIMATELY $4.7BN OF COMMITTED FINANCING AT LIONSGATE CONSISTING OF THE FOLLOWING: $1.0BN REVOLVING CREDIT FACILITY, $1.0BN TERM LOAN A, $2.0BN TERM LOAN B, $150M UNSECURED FUNDED BRIDGE FACILITY, $520M OF 5.875% UNSECURED NOTES DUE 2024",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "42e351e6-9644-40c0-8921-3c8cbe9d6283",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.74,
        "x": 0.23,
        "y": 0.31
      },
      "kind": "list",
      "text": "THE ACQUISITION IS EXPECTED TO RESULT IN SIGNIFICANT SYNERGIES FOR THE COMBINED COMPANY AND WILL PROVIDE LIONSGATE WITH ADDITIONAL SCALE AND A MORE DIVERSIFIED REVENUE MIX, WITH INCREASED EMPHASIS ON TELEVISION PRODUCTION",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "998da716-78cc-4dd2-aae0-5bce4461a3d8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.584,
        "x": 0.208,
        "y": 0.045
      },
      "kind": "title",
      "text": "TRANSFORMATIONAL TRANSACTION OPPORTUNITY",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a3c9d807-8d82-4086-84f0-593d07147003",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 6,
      "from": 5,
      "beatId": "a12117f4-4e72-453f-a6d7-36b27263638a",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "The document presents a transformational transaction opportunity and key terms",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 14,
      "from": 4,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "dda64ece-686d-4111-9b2b-518dd2ef9579",
      "evidence": "The document presents a logical chain of benefits, from diversification to value creation",
      "position": 0,
      "objective": "How the combination creates value",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.7,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    },
    {
      "to": 15,
      "from": 5,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "b3386589-fe75-49d7-a0e6-55dfe539530c",
      "evidence": "The document implies that not pursuing the combination would result in missed opportunities for growth and value creation",
      "position": 1,
      "objective": "The cost of not pursuing the combination",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}