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  "documentTitle": "Third Point Management | Activist Presentation Deck | 34 slides",
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  "presentationDate": "2018-07-01 00:00:00",
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  "notes": "The slide uses a 'Financial' vs 'Portfolio' split to categorize management's response to activist pressure.",
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      "text": "Financial Times article snippet: 'Nestlé bows to investor and sector pressures with strategic shift'",
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      "text": "Source: Third Point LLC; Nestlé company materials; Financial Times (September 2017)",
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      "text": "FINANCIAL (2020) targets including organic sales growth, EBIT margin, buyback, and debt ratio; PORTFOLIO targets including category focus, adjustments, and L'Oreal status.",
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      "text": "MANAGEMENT RESPONDED BY ANNOUNCING A SERIES OF NEW TARGETS",
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