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  "notes": "Includes Goldman Sachs branding and standard investment banking disclaimer.",
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      "text": "Implied value as of 6/30/2018; Discounted using mid-year convention; Perpetuity growth rate of 2.0%; Ke of 9.0%",
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      "text": "Source: Arkose Projections and Bloomberg market data as of 04-Jun-2018. 2022E PF DPS includes partial tax shield; terminal DPS calculated based on assumed 20% effective cash tax rate per management's guidance.",
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      "text": "Sensitivity analysis tables for P.F. Implied GP Value ($/share), P.F. Implied GP Value ($mm), and Pro Forma Implied Terminal Yield.",
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      "text": "Discounted Cash Flow table showing Dividends Per Share, YoY Growth, Terminal Value, Equity Discount Rate, and Implied Values.",
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