{
  "docId": "019de06f-b0d4-72b6-83a3-62190f55042a",
  "docSlug": "912d149dcfb94328adfa785b32e9c56f",
  "documentTitle": "Morgan Stanley | Investment Banking Pitch Book | 24 slides",
  "authorId": "morgan-stanley",
  "authorName": "Morgan Stanley",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.380302,
  "pageNumber": 14,
  "pageCount": 24,
  "prevPage": 13,
  "nextPage": 15,
  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "balanced",
  "nDataPoints": 20,
  "notes": "Market data as of August 3, 2018. Includes comparison of AMGP and AM (All-in Exchange-Ratio Adjusted) across multiple valuation metrics.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-b0d4-72b6-83a3-62190f55042a/14",
  "deckHref": "/decks/019de06f-b0d4-72b6-83a3-62190f55042a",
  "deckJsonHref": "/decks/019de06f-b0d4-72b6-83a3-62190f55042a.json",
  "deckAnchorHref": "/decks/019de06f-b0d4-72b6-83a3-62190f55042a#slide-14",
  "components": [
    {
      "bbox": {
        "h": 0.35,
        "w": 0.45,
        "x": 0.5,
        "y": 0.22
      },
      "kind": "chart",
      "text": "Implied Pro Forma Trading Level (AMGP)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "16706d94-9679-4c2c-8d3b-6bb95682aace",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.45,
        "x": 0.5,
        "y": 0.6
      },
      "kind": "chart",
      "text": "AM (All-in Exchange-Ratio Adjusted)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7865838f-77d6-4840-9872-844de2198558",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.7,
        "w": 0.43,
        "x": 0.05,
        "y": 0.22
      },
      "kind": "list",
      "text": "Trading Relative vs. Peers; Dividend Discount Model; 3-Year IRR Expectations; Yield / Growth Correlation; Investor Universe",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c54e7610-c77c-468a-96c4-93d4f706757d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.05,
        "y": 0.17
      },
      "kind": "subtitle",
      "text": "Market Data as of August 3, 2018",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2f4b8a62-6a4d-4b01-a62f-8c73dfdcd53a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.4,
        "x": 0.05,
        "y": 0.11
      },
      "kind": "title",
      "text": "Support for AMGP Trading Level(1)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3e619fe7-fac5-41a9-8698-bf011fa5b684",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 14,
      "from": 7,
      "beatId": "240bef80-425f-48e6-a385-4dfa962cc220",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The document provides various analyses, including historical exchange ratio analysis, illustrative midpoint offer analysis, and pro forma impact analysis",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}