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  "docSlug": "2d2314f5ddaefb3ad676e3566ebe1e9e",
  "documentTitle": "Goldman Sachs | Investment Banking Pitch Book | 25 slides",
  "authorId": "goldman-sachs",
  "authorName": "Goldman Sachs",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-07-01 00:00:00",
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  "pageNumber": 7,
  "pageCount": 25,
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  "nextPage": 8,
  "slideType": "comparison_table",
  "function": "compare_options",
  "density": "balanced",
  "nDataPoints": 16,
  "notes": "The chart uses a waterfall-style descending order to visualize premium levels across 16 historical transactions.",
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  "slideHref": "/slides/019de06f-a726-717c-8e29-3f88f266c094/7",
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      "kind": "chart",
      "text": "Bar chart showing acquisition premiums from 28% down to 0%",
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      "kind": "disclaimer",
      "text": "Source: Bloomberg market data as of 13-Jul-2018. Note: All premia calculated based on the offered exchange ratio times acquirer's 1-day prior closing share/unit price plus any cash consideration divided by the target's 30-trading day VWAP.",
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      "text": "Stock, Cash, Mixed Consideration and Tax-Deferred Transaction legend",
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      "text": "Table showing Date, Acquirer, and Target for each transaction",
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      "kind": "title",
      "text": "Perspectives on \"Appropriate\" Premium",
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      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "Financial analysis highlights challenges and complexities",
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      "parentBeatName": "Complication",
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  "loops": [
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      "name": "Logic Chain",
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      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
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